Does the Amazon corporation have an operating income or loss?

Due to profitability and growth in influence, Amazon is seeing an increase in operating profit. The operating income in the 2020 report of the Amazon company is equal to the difference between net revenue and operating expenses. Referring to the variety of categories and services, the company emphasizes that it reports operating income as a more significant indicator of the company’s performance.

The corporation’s net sales for 2020 are $386.064 million, of which $363.165 million of operating expenses are deducted. As a result, the operating income representing the difference between these amounts is 22.899 million dollars. Compared to 2019, operating income increased by 8.358 million dollars, which is also due to an increase in financial turnover in the company.

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Academic.Tips. (2023, March 15). Does the Amazon corporation have an operating income or loss? https://academic.tips/question/does-the-amazon-corporation-have-an-operating-income-or-loss/

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Academic.Tips. 2023. "Does the Amazon corporation have an operating income or loss?" March 15, 2023. https://academic.tips/question/does-the-amazon-corporation-have-an-operating-income-or-loss/.

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