TREND ANALYSIS (In Millions) Revenue Cost of Sales Operating Expenses Trend Information 2 3 4 Revenue 15 Cost of Sales 6 Operating Expenses 17 Amazon Inc. Income Statement Information 2019 280,522 165,536 100,445 2019 157.7% 147.9% 162.5% 2018 232,887 139,156 81,310 2018 130.9% 124.3% 131.5% 18 19 Make at least 1 insightful observation about what you notice in your analysis: 20 21 2017 177,866 111,934 61,826 2017 100.0% 100.0% 100.0%
TREND ANALYSIS (In Millions) Revenue Cost of Sales Operating Expenses Trend Information 2 3 4 Revenue 15 Cost of Sales 6 Operating Expenses 17 Amazon Inc. Income Statement Information 2019 280,522 165,536 100,445 2019 157.7% 147.9% 162.5% 2018 232,887 139,156 81,310 2018 130.9% 124.3% 131.5% 18 19 Make at least 1 insightful observation about what you notice in your analysis: 20 21 2017 177,866 111,934 61,826 2017 100.0% 100.0% 100.0%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
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Make at least 1 insightful observation about what you notice in your analysis.

Transcribed Image Text:**Trend Analysis of Amazon Inc.**
**Income Statement Information (In Millions):**
| | 2019 | 2018 | 2017 |
|----------------|----------|----------|----------|
| **Revenue** | 280,522 | 232,887 | 177,866 |
| **Cost of Sales** | 165,536 | 139,156 | 111,934 |
| **Operating Expenses** | 100,445 | 81,310 | 61,826 |
**Trend Information:**
| | 2019 | 2018 | 2017 |
|----------------|--------|--------|--------|
| **Revenue** | 157.7% | 130.9% | 100.0% |
| **Cost of Sales** | 147.9% | 124.3% | 100.0% |
| **Operating Expenses** | 162.5% | 131.5% | 100.0% |
**Instruction:**
- Make at least 1 insightful observation about what you notice in your analysis.
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