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Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 14ISBN: 978-1305653535Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
Edition 14ISBN: 978-1305653535 Exercise 45
Continuing Company Analysis-Amazon: Vertical analysis
Amazon.com, Inc. is the largest Internet retailer in the United States. Amazon's income statements through income from operations for two recent years are as follows (in millions):
A. Prepare a vertical analysis of the two operating income statements. (Round percentages to one decimal place.)
B. Use the vertical analysis to explain the decrease in income from operations.
Amazon.com, Inc. is the largest Internet retailer in the United States. Amazon's income statements through income from operations for two recent years are as follows (in millions):
A. Prepare a vertical analysis of the two operating income statements. (Round percentages to one decimal place.)
B. Use the vertical analysis to explain the decrease in income from operations.
Explanation
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An income statement is one of the financ...
Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
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