The financial statements of Amazon.com, Inc. are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc.
Question:
The financial statements of Amazon.com, Inc. are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E.
Instructions
Answer the following questions for each company.
a. What is the balance in cash and cash equivalents at December 31, 2016, for Amazon and at January 31, 2017, for Wal-Mart?
b. What percentage of total assets does cash represent for each company over the last two years provided? Has it changed significantly for either company?
c. How much cash was provided by operating activities during the year ended December 31, 2016, for Amazon and January 31, 2017, for Wal-Mart?
d. Comment on your findings in parts (a) through (c).
Financial StatementsFinancial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Step by Step Answer:
Financial Accounting Tools for Business Decision Making
ISBN: 978-1119493631
9th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso