Question

Amazon.com, Inc., operates as an online retailer in North America and internationally. Both Amazon and third parties, via the Amazon.com Web site, sell products across various product categories.
The following items were adapted from the annual report of Amazon.com for the year ending December 31, 2010:
In millions
1. Accounts payable ............ $ 8,051
2. Accounts receivable ............ 1,587
3. Interest expense .............. 39
4. Inventories ................ 3,202
5. Cost of sales ............... 26,561
6. Selling, general, and administrative expenses . 6,237
7. Income tax expense ............ 352
8. Net cash provided by operating activities .... 3,495
9. Net cash flows used for investing activities .. 3,360
10. Net sales ................ 34,204
11. Other income .............. 137
12. Property, plant, and other long-term assets ... 5,050
13. Repurchase of capital stock ......... 600
14. Retained earnings (Dec. 31, 2010) ..... 1,324

Using the following notations, indicate on which financial statement you would find each of the preceding items.
IS . Income statement
RE . Retained earnings statement
BS . Balance sheet
SCF . Statement of cash flows



$1.99
Sales0
Views35
Comments0
  • CreatedFebruary 04, 2014
  • Files Included
Post your question
5000