1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IRINA_888 [86]
2 years ago
8

The following information ($ in millions) comes from a recent annual report of Amazon, Inc.:

Business
1 answer:
tino4ka555 [31]2 years ago
4 0

Answer:

(a) Amazon's balance in cash at the beginning of the year is $1,085 million

(b) Amazon's total liabilities at the end of the year is $3,914 million

(c) Cost of goods sold for the year is $8,264 million

(d)  Income before income tax for Amazon is $366 million

Explanation:

(a) Beginning cash balance = Ending cash balance - net increase in cash for the year

= $1,104 million - $19 million

= $1,085 million

(b) Total assets = Total liabilities + Total stockholders' equity

$4,417 million = Total liabilities + $503 million

Total liabilities = ($4,417 - $503) million

= $3,914 million

(c) Cost of goods sold = net sales - gross profit

= $10,722 million - $2,458  million

= $8,264 million

(d)  Income before income tax = Gross profit - operating expenses - other expenses

= $2,458 million - $2,062 million - $30 million

= $ 366 million

You might be interested in
6. Type of insurance that protects a company in case an employee steals from a
Nataly_w [17]

Answer:

A fidelity bond

Explanation:

Fidelity bond or coverage is the kind of insurance which protects the company or its business owner from the theft, fraud by an employee of the company.

This bond will provide guarantee that if the business owner or company suffers any loss because of employee dishonesty, the chosen insurer will share the loss within the limitations stated in the contract.

5 0
3 years ago
A share of stock in the Bree Medical Supply Company is quoted at 351/4. Suppose you hold 20 shares of that stock, which you boug
pentagon [3]

Answer:

B. You made a profit of $75.00

Explanation:

shares x ( sale - buy)

20 shares x ( 35 & 1/4 - 31 & 1/2)

20 x (35.25-31.5)

20 x 3.75 = 75

The difference between purchase and sale price is positive, so eahc share yields a gain of $3.75

We multiply this by the amount of shares to determiante the gain

6 0
3 years ago
8. What includes retail sales, housing starts, and truck and<br><br> auto sales
GREYUIT [131]

Answer:

monthly data series in a GDP

Explanation:

A GDP is defined as the actual domestically manufactured or produced products or the services provided in a financial year which describes or estimates the financial status or economic status of a country. GDP stands for Gross domestic product.

By analyzing the monthly data series of goods or services produced one can predict the real GDP of a country to be. One can use the monthly observations of the employment, unit auto as well as truck sales, sousing starts, retail sales, trade, automobile inventories, manufacturing, shipment of machinery and equipment, index of the industrial production, etc. to predict the GDP growth or get an idea of the GDP figures that are going to show the robust growth of the economy.

7 0
2 years ago
In order for the economy to be strong, individuals must?
liq [111]
Provide Labor And Buy Goods 
4 0
2 years ago
A course that costs $500 will allow you to get a job that pays $2 more per hour than your current job. How many hours will you n
torisob [31]

Answer:

250 hours.

Explanation:

Cost of course : $500

The extra income from the course is $2 per hour

to pay off the cost of the course requires earning $500 by working at a rate $2 per hour.

Number of hours required = $500/2

=250 hours.

7 0
2 years ago
Other questions:
  • Two currently owned machines are being considered for the production of a part. The capital investment associated with the machi
    13·1 answer
  • An economy is created by the interaction between which teo groups of people?
    6·1 answer
  • Your friend Sam has been asked to prepare appetizers for a university reception during homecoming weekend. She has an unlimited
    7·1 answer
  • A wealthy art collector has decided to endow her favorite art museum by establishing funds for an endowment which would provide
    5·1 answer
  • Which of these items is NOT important to cosier when selecting a credit card?
    15·1 answer
  • Prepare adjusting entries for the following transactions.
    6·1 answer
  • Which of the following would result from low labor demand and high labor supply?
    6·1 answer
  • In the chapter about owning versus leasing, one set of examples compares the cost of owning versus the cost of leasing for South
    13·1 answer
  • Why does no one like me? i need answers.​
    14·2 answers
  • 05:59:06 Samantha has $200 to spend on school clothes. She can buy two designer blouses that all of her friends have, or she can
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!