Amazon.com, Inc., (AMZN) operates as an online retailer in North America and internationally. Both Amazon and third

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Amazon.com, Inc., (AMZN) 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 a recent annual report of Amazon.com for the year ending December 31:
_____________________________________________________In millions
1. Accounts payable .......................................................... $16,459
2. Accounts receivable .......................................................... 5,612
3. Cash ........................................................................... 14,557
4. Cost of sales ................................................................. 62,752
5. Income tax expense ............................................................ 167
6. Interest expense ................................................................ 210
7. Inventories .................................................................... 8,299
8. Net cash provided by operating activities ................................ 6,842
9. Net cash flows used for investing activities ........................... (5,065)
10. Net sales ................................................................... 88,988
11. Other expense ................................................................ 118
12. Other income .................................................................. 76
13. Property, plant, and other long-term assets ........................... 16,967
14. Selling, general, and administrative expenses ........................ 26,058
15. Retained earnings (Dec. 31) ............................................. 2,190
Using the following notations, indicate on which financial statement you would find each of the preceding items.
IS ................................... Income statement
SE ............... Statement of stockholders' equity
BS ...................................... Balance sheet
SCF
........................ Statement of cash flows
Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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