Vertical analysis

Amazon.com, Inc. is the largest Internet retailer in the United States. Amazons income statements through operating income for two recent years are as follows (in millions):

Amazon.com, Inc.
Operating Income Statements
For the Years Ended December 31
(in millions)
	Year 2	Year 1
Product sales	$141,915	$118,573
Service sales	90,972	59,293
Total sales	$232,887	$177,866
Cost of sales	$139,156	$111,934
Fulfillment	34,027	25,249
Marketing	13,814	10,069
Technology and content	28,837	22,620
General and administrative	4,336	3,674
Other operating expense, net	296	214
Total operating expenses	$220,466	$173,760
Operating income	$12,421	$4,106

Required:

a. Prepare a vertical analysis of the two operating income statements. Round percentages to one decimal place.

Amazon.com, Inc.
Operating Income Statements
For the Years Ended December 31 (in millions)
	Year 2		Year 1
	Amount	Percent	Amount	Percent
Product sales	$fill in the blank 6f6301fe8004f81_1	fill in the blank 6f6301fe8004f81_2%	$fill in the blank 6f6301fe8004f81_3	fill in the blank 6f6301fe8004f81_4%
Service sales	fill in the blank 6f6301fe8004f81_5	fill in the blank 6f6301fe8004f81_6%	fill in the blank 6f6301fe8004f81_7	fill in the blank 6f6301fe8004f81_8%
Total sales	$fill in the blank 6f6301fe8004f81_9	fill in the blank 6f6301fe8004f81_10%	$fill in the blank 6f6301fe8004f81_11	fill in the blank 6f6301fe8004f81_12%
Cost of sales	$fill in the blank 6f6301fe8004f81_13	fill in the blank 6f6301fe8004f81_14%	$fill in the blank 6f6301fe8004f81_15	fill in the blank 6f6301fe8004f81_16%
Fulfillment	fill in the blank 6f6301fe8004f81_17	fill in the blank 6f6301fe8004f81_18%	fill in the blank 6f6301fe8004f81_19	fill in the blank 6f6301fe8004f81_20%
Marketing	fill in the blank 6f6301fe8004f81_21	fill in the blank 6f6301fe8004f81_22%	fill in the blank 6f6301fe8004f81_23	fill in the blank 6f6301fe8004f81_24%
Technology and content	fill in the blank 6f6301fe8004f81_25	fill in the blank 6f6301fe8004f81_26%	fill in the blank 6f6301fe8004f81_27	fill in the blank 6f6301fe8004f81_28%
General and administrative	fill in the blank 6f6301fe8004f81_29	fill in the blank 6f6301fe8004f81_30%	fill in the blank 6f6301fe8004f81_31	fill in the blank 6f6301fe8004f81_32%
Other operating expense, net	fill in the blank 6f6301fe8004f81_33	fill in the blank 6f6301fe8004f81_34%	fill in the blank 6f6301fe8004f81_35	fill in the blank 6f6301fe8004f81_36%
Total operating expenses	$fill in the blank 6f6301fe8004f81_37	fill in the blank 6f6301fe8004f81_38%	$fill in the blank 6f6301fe8004f81_39	fill in the blank 6f6301fe8004f81_40%
Operating income	$fill in the blank 6f6301fe8004f81_41	fill in the blank 6f6301fe8004f81_42%	$fill in the blank 6f6301fe8004f81_43	fill in the blank 6f6301fe8004f81_44%