The financial statements of Amazon.com, Inc. are presented in Appendix D. Financial statements of Walmart 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 31,2020, for Amazon and at January 31, 2021, for Walmart?

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 31,2020 , for Amazon and January 31, 2021, for Walmart?

d. Comment on your findings in parts (a) through (c).

Data from Appendix D

Data from Appendix E

Transcribed Image Text:

AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD OPERATING ACTIVITIES: Net income Adjustments to reconcile net income to net cash from operating activities: Depreciation and amortization of property and equipment and capitalized content costs, oper- ating lease assets, and other Stock-based compensation Other operating expense (income), net Other expense (income), net Deferred income taxes Changes in operating assets and liabilities: Inventories Accounts receivable, net and other Accounts payable Accrued expenses and other Unearned revenue Net cash provided by (used in) operating activities INVESTING ACTIVITIES: Purchases of property and equipment Proceeds from property and equipment sales and incentives Acquisitions, net of cash acquired, and other Sales and maturities of marketable securities Purchases of marketable securities Net cash provided by (used in) investing activities Year Ended December 31, 2020 $36,410 2018 $21,856 10,073 15,341 5,418 274 219 441 (1,314) (4,615) 3,263 472 1,151 30,723 2019 $32,173 11,588 21,789 6,864 164 (249) 796 (3,278) (7,681) 8,193 (1,383) 1,711 38,514 (13,427) (16,861) 2,104 4,172 (2,186) (2,461) 8,240 22,681 (7,100) (31,812) (12,369) (24,281) 21,331 25,251 9,208 (71) (2,582) (554) (2,849) (8,169) 17,480 5,754 1,265 66,064 (40,140) 5,096 (2,325) 50,237 (72,479) (59,611)