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View Full Version : How to calculate the cost of goods sold


Tabbra1967
May 22, 2018, 03:59 PM
The following information ($ in millions) comes from a recent annual report of Amazon.com,
Inc.:
Net sales
$10,711
Total assets
4,363
End of year balance in cash
1,022
Total stockholders equity
431
Gross profit (Sales

Cost of Sales)
2,456
Net increase in cash for the year
9
Operating expenses
2,067
Net operating cash flow
702
Other income (expense), net
(12)

paraclete
May 23, 2018, 06:19 PM
Cost of Sales)
2,456

What do you think this might mean?