Go www.amazon.com(Links to an external site.) , then select Annual Reports, Proxies and Shareholders Letters , and
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Question:
- • Go www.amazon.com (Links to an external site.), then select Annual Reports, Proxies and Shareholders Letters, and open Amazon's most recent annual report.
- • Read the income statement, which Amazon.com names as the "Consolidated Statement of Operations" and in "Note 1—Description of Business and Accounting Policies," under Notes to Consolidated Financial Statements read the subsections titled "Revenues" and "Cost of Sales."
- • Estimate the percentage of Amazon's Sales ending up as Net Income (Loss).
Related Book For
Survey of Accounting
ISBN: 978-0078110856
3rd Edition
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
Posted Date: