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The following Information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales Total assets End of year balance in cash Total stockholders' equity Gross profit (Sales Net increase in cash for the year Operating expenses - Cost of Sales) Net operating cash flow other income (expense), net Compute the income before Income tax for Amazon. $10,903 4,388 1,088 378 2,488 16 2,048 762 (21)

The following Information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales Total assets End of year balance in cash Total stockholders' equity Gross profit (Sales Net increase in cash for the year Operating expenses - Cost of Sales) Net operating cash flow other income (expense), net Compute the income before Income tax for Amazon. $10,903 4,388 1,088 378 2,488 16 2,048 762 (21)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following Information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales Total assets End of year balance in cash Total stockholders' equity Gross profit (Sales Net increase in cash for the year Operating expenses Net operating cash flow other income (expense), net Multiple Choice Compute the income before Income tax for Amazon. 5539 5339 - $499 Cost of Sales) $419 $10,903 4,388 1,088 378 2,488 16 2,048 762 (21)
Transcribed Image Text:The following Information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales Total assets End of year balance in cash Total stockholders' equity Gross profit (Sales Net increase in cash for the year Operating expenses Net operating cash flow other income (expense), net Multiple Choice Compute the income before Income tax for Amazon. 5539 5339 - $499 Cost of Sales) $419 $10,903 4,388 1,088 378 2,488 16 2,048 762 (21)
The following information (Sin millions) comes from a recent annual report of Amazon.com, Inc.: Net sales Total assets End of year balance in cash Total stockholders' equity Gross profit (Sales Cost of sales) Net increase in cash for the year. Operating expenses Net operating cash flow other income (expense), net Compute Amazon's total liabilities at the end of the year. Multiple Choice $4,558 O $4,639 O $2.231 $4,067 $10,724 4,558 1,038 491 2,586 17 2,053 782 (26)
Transcribed Image Text:The following information (Sin millions) comes from a recent annual report of Amazon.com, Inc.: Net sales Total assets End of year balance in cash Total stockholders' equity Gross profit (Sales Cost of sales) Net increase in cash for the year. Operating expenses Net operating cash flow other income (expense), net Compute Amazon's total liabilities at the end of the year. Multiple Choice $4,558 O $4,639 O $2.231 $4,067 $10,724 4,558 1,038 491 2,586 17 2,053 782 (26)
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