Net salesTotal assetsEnd of year balance in cashTotal stockholders' equityGross profit (SalesNet increase in cash for the yearOperating expenses-Cost of Sales)Net operating cash flowOther income (expense), netCompute Amazon's cost of goods sold for the year.$10,7744,4491,0714932,532152,064676(18)

A crucial financial indicator known as Cost of Goods Sold (COGS) shows the actual expenses incurred…

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 cost of goods sold for the year. $10,774 4,449 1,071 493 2,532 15 2,064 676 (18)

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 cost of goods sold for the year. $10,774 4,449 1,071 493 2,532 15 2,064 676 (18)

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter6: Statement Of Cash Flows

Section: Chapter Questions

Problem 14E

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