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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $10,891 Total assets 4,447 End of year balance in cash 1,115 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 516 2,472 15 2,057 633 (22) Compute Amazon's total liabilities at the end of the year. Multiple Choice $ 3,931 $ 4,529 $ 4,447 $ 2,264

The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $10,891 Total assets 4,447 End of year balance in cash 1,115 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 516 2,472 15 2,057 633 (22) Compute Amazon's total liabilities at the end of the year. Multiple Choice $ 3,931 $ 4,529 $ 4,447 $ 2,264

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter14: Statement Of Cash Flows
Section: Chapter Questions
Problem 54P
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The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $10,891 Total assets 4,447 End of year balance in cash Total stockholders' equity 1,115 516 Gross profit (Sales Net increase in cash for the year - Cost of Sales) 2,472 15 Operating expenses Net operating cash flow Other income (expense), net 2,057 633 (22) Compute Amazon's total liabilities at the end of the year. Multiple Choice $ 3,931 $ 4,529 $ 4,447 $ 2,264
Transcribed Image Text:The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: Net sales $10,891 Total assets 4,447 End of year balance in cash Total stockholders' equity 1,115 516 Gross profit (Sales Net increase in cash for the year - Cost of Sales) 2,472 15 Operating expenses Net operating cash flow Other income (expense), net 2,057 633 (22) Compute Amazon's total liabilities at the end of the year. Multiple Choice $ 3,931 $ 4,529 $ 4,447 $ 2,264
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