The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.:...
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Accounting
| The following information ($ in millions) comes from a recent annual report of Amazon.com, Inc.: |
| Net sales | $10,716 |
| Total assets | 4,370 |
| End of year balance in cash | 1,126 |
| Total stockholders' equity | 462 |
| Gross profit (Sales - Cost of Sales). | 2,653 |
| Net increase in cash for the year | 17 |
| Operating expenses | 2,065 |
| Net operating cash flow | 740 |
| Other income (expense), net | (13) |
| Compute Amazon's cost of goods sold for the year. |
$ 7,175
$ 5,110
$ 8,063
$ 8,651
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