Amazon.com, Inc., (AMZN) operates as an online retailer in North America and internationally.
Both Amazon and third parties, via the Amazon.com Web site, sell products across various product categories.
The following items were adapted from a recent annual report of Amazon.com for the year ending December 31:
In millions1.Accounts payable $16,459 2.Accounts receivable 5,612 3.Cash 14,557 4.Cost of sales 62,752 5.Income tax expense 167 6.Interest expense 210 7.Inventories 8,299 8.Net cash provided by operating activities 6,842 9.Net cash flows used for investing activities (5,065) 10.Net sales 88,988 11.Other expense 118 12.Other income 76 13.Property, plant, and other long-term assets 16,967 14.Selling, general, and administrative expenses 26,058 15.Retained earnings (Dec. 31) 2,190
Using the following notations, indicate on which financial statement you would find each of the preceding items.
IS Income statementSE Statement of stockholders' equityBS Balance sheetSCF Statement of cash flows1. Accounts payableBS and SCF
2. Accounts receivable
4. Cost of sales
5. Income tax expense
6. Interest expense
8. Net cash provided by operating activities
9. Net cash flows used for investing activities
10. Net sales
11. Other expense
12. Other income
13. Property, plant, and other long-term assets
14. Selling, general, and administrative expenses
15. Retained earnings (Jan. 1)