Exercise - All these question are related to Amazon SEC-10K.
1. What was the corporation's net sales, cost of goods sold, and gross profit for Amazon?
2. What was the corporate tax rate for Amazon? [Hint: divide income tax expense by income before income taxes]
3. What items appear under "Other Comprehensive Income (Loss)" for Amazon?
4. What is the account and the amount of the bottom line item on the Statement (or Consolidated Statement) of Comprehensive Income for Amazon?
5. Calculate the following ratios for the most recent year and comment on the results of your ratio analysis for Amazon.
a. Gross profit margin
b. Net profit margin
c. Times interest earned