The following information ($ in millions) comes from a recen…
The following information ($ in millions) comes from a recent annual report of Orinoco.com, Incorporated: Net sales $ 10,752 Total assets 4,545 End of year balance in cash 1,075 Total stockholders’ equity 343 Gross profit (Sales − Cost of Sales) 2,507 Net increase in cash for the year 23 Operating expenses 2,051 Net operating cash flow 776 Other income (expense), net (29) Compute the income before income tax for Orinoco.