2016 2017 2018 Net sales $ 135,987 $ 177,866...

70.2K

Verified Solution

Question

Accounting

image

2016 2017 2018
Net sales $ 135,987 $ 177,866 $ 232,887
Operating expenses
Cost of sales 88,265 111,934 139,156
Fulfillment 17,619 25,249 34,027
Marketing 7,233 10,069 13,814
Technology and content 16,085 22,620 28,837
General and administrative 2,432 3,674 4,336
Other 167 214 296
Total operating expenses 131,801 173,760 220,466
Operating Income $ 4,186 $ 4,106

$ 12,421

s

based on this information construct a contribution format income statement

CONSOLIDATED STATEMENTS OF CASH FLOWS in millions) Year Ended December 31 CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD OPERATING ACTIVITIES: Net income Adjustments to reconcile net income to net cash from operating activities: 16,175 S 9934 S Depreciation of property and equipment and other amortization, including capitalined content costs 8,116 2,975 5418 Other operating expense, net Other expense (income), net Deferred income taxes 4,615) Accounts receivable, net and other (4,780) Accounts payable 1,724 1,955 17,203 Unearned revenue 1,151 30,723 Net cash provided by (used in) operating activities INVESTING ACTIVITIES: Purchases of property and equipment Proceeds from property and equipment incentives Acquisitions, net of cash acquired, and other (7,804) 13,427 (116) 13.972 (2.186 (7,240) 7.100 Net cash provided by (used in) investing activities 27,084) Proceeds from long-term debt and other Repayments of long-tenm debt and other Principal repayments of capital lease obligations 1,301) (4,799) Net cash provided by (used in) financing activities 3,716) 7,686) 351) 10,317 Foreign curency effiect on cash, cash equivalents, and restricted cash Net increase (decrease) in cash, cash equivalents, and restricted cash CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD SUPPLEMENTAL CASH FLOW INFORMATION: Cash paid for interest on long-tem debt Cash paid for interest on capital and finance lease obligations Cash paid for income taxes, net of refunds Property and equipment acquired under capital lases Property and equipment acquired under build-to-suit leases 713 ,759 9,934 S 1,856 S 328 S 10,615

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students