1. How has Amazon performed leading up to its 20-year-anniversary as a public company? Over

the long-term? In the near-term?

2. Why was Amazons 2014-16 cash flow from operations higher than its net income?

3. What did Amazon do with the cash flow that it generated between 2014 and 2016?

4. Articulate a pathway for Amazon to get from $2 billion to $20 billion in net income between

2016 and 2021 as envisioned by the Barrons article cited in the case?