Question: Help with percentages please! I keep getting them wrong Analyze Amazon.com Amazon.com, Inc. (AMZN) is the largest Internet retailer in the United States. Amazon's income

Help with percentages please! I keep getting them wrong

Help with percentages please! I keep getting them wrong Analyze Amazon.com Amazon.com,Inc. (AMZN) is the largest Internet retailer in the United States. Amazon's

Analyze Amazon.com Amazon.com, Inc. (AMZN) is the largest Internet retailer in the United States. Amazon's income statements for two recent years follow: Amazon.com, Inc. Income Statements For the Years Ended December 31 (in millions) Year 2 Year 1 Revenues: Product sales $94,665 $79,268 Service sales 41,322 27,738 Total revenues $135,987 $107,006 Operating expenses: Cost of sales $(88,265) $(71,651) Fulfillment (17,619) (13,410) Marketing (7,233) (5,254) Technology and content (16,085) (12,540) General and administrative (2,432) (1,747) Other operating expense (income), net (167) (171) Total operating expenses $(131,801) $(104,773) Operating income $4,186 $2,233 a. Prepare a horizontal analysis of the income statements. Round percentages to one decimal place. Amazon.com, Inc. Income Statements For the Years Ended December 31 (in millions) Increase/(Decrease) Year 2 Year 1 Amount Percent Revenues: Product sales 0.2% Service sales $94,665 41,322 $135,987 $79,268 $ 27,738 $107,006 $ 15,397 13,584 28,981 Total revenues 2.7 Operating expenses: Cost of sales Fulfillment Marketing $(88,265) $(71,651) $ (17,619) (13,410) (7,233) (5,254) (16,085) (12,540) (2,432) (1,747) (167) (171) $(131,801) $(104,773) $ $4,186 $2,233 $ 16,614 4,209 1,979 3,545 685 Technology and content General and administrative Other operating expense (income), net -4 Total operating expenses 27,028 1,953 2.6 8.7 Operating income

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