Amazon.com, Inc.s financial statements are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented
Question:
Amazon.com, Inc.’s financial statements are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E. The complete annual reports of Amazon and Wal-Mart, including the notes to the financial statements, are available at each company’s respective website. Wal-Mart has 11,000 million shares authorized.
Instructions
a. What percentage of authorized shares was issued by Amazon at December 31, 2015, and by Wal-Mart at January 31, 2016?
b. How many shares are held as treasury stock by Amazon at December 31, 2015, and by Wal-Mart at January 31, 2016?
c. How many Amazon common shares are outstanding at December 31, 2015? How many Wal-Mart shares of common stock are outstanding at January 31, 2016?
d. What are the basic earnings per share for both Amazon and Wal-Mart as of December 31, 2015, and January 31, 2016, respectively?
e. What was the total amount of dividends, if any, paid by Amazon for the year ending December 31, 2015? What was the total dividends paid by Wal-Mart for the year ending January 31, 2016?
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... Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
Step by Step Answer:
Financial and Managerial Accounting
ISBN: 978-1119392132
3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso