Question: Prepare an income statement for Amazon.com, Inc. for the year ending December 31, 2023, based on the following information: Sales revenue: $500,000 Cost of goods
Prepare an income statement for Amazon.com, Inc. for the year ending December 31, 2023, based on the following information:
•Sales revenue: $500,000
•Cost of goods sold: $300,000
•Operating expenses: $100,000
•Interest expense: $20,000
•Income tax rate: 30%
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