Access EDGAR online (www.sec.gov) and locate the 2011 year 10-K report of Amazon.com (ticker AMZN) filed on February 1, 2012. Review its financial statements reported for years ended 2011, 2010, and 2009 to answer the following questions.
Required
1. What are the amounts of its net income or net loss reported for each of these three years?
2. Does Amazon's operating activities provide cash or use cash for each of these three years?
3. If Amazon has a 2011 net income of more than $600 million and 2011 operating cash flows of nearly $4,000 million, how is it possible that its cash balance at December 31, 2011, increases by less than $1,500 million relative to its balance at December 31, 2010?