1. What amount of goodwill will Amazon record in their acquisition of Whole Foods

Exhibit 8 Amazon.com, Inc. Buys Whole Foods Market Amazon Preacquisition Balance Sheet (\$ millions) (a) Shares outstanding: 477 million and 480 million at December 31, 2016, and June 30, 2017, respectively. Sources: Created by author from Amazon December 31, 2016, Form 10-K and June 30, 2017, Form 10-Q. Exhibit 8 (continued) Amazon Preacquisition Statement of Operations (\$ millions) Sources: Created by author from Amazon December 31, 2016, Form 10-K and June 30, 2017, Form 10-Q. Amazon.com, Inc. Buys Whole Foods Market Source: Created by author from Whole Foods Form 10-Q, July 2, 2017. Amazon.com, Inc. Buys Whole Foods Market Detail Regarding Intangible Assets Acquired in Whole Foods Acquisition Panel A: Value allocated to intangible assets acquired (\$ millions) Note Acquired intangible assets have estimate useful lives of between one and twenty-five years, with a weighted-average amortization period of twenty-four years Source: Amazon Form 10-Q, September 30, 2017. Exhibit 8 Amazon.com, Inc. Buys Whole Foods Market Amazon Preacquisition Balance Sheet (\$ millions) (a) Shares outstanding: 477 million and 480 million at December 31, 2016, and June 30, 2017, respectively. Sources: Created by author from Amazon December 31, 2016, Form 10-K and June 30, 2017, Form 10-Q. Exhibit 8 (continued) Amazon Preacquisition Statement of Operations (\$ millions) Sources: Created by author from Amazon December 31, 2016, Form 10-K and June 30, 2017, Form 10-Q. Amazon.com, Inc. Buys Whole Foods Market Source: Created by author from Whole Foods Form 10-Q, July 2, 2017. Amazon.com, Inc. Buys Whole Foods Market Detail Regarding Intangible Assets Acquired in Whole Foods Acquisition Panel A: Value allocated to intangible assets acquired (\$ millions) Note Acquired intangible assets have estimate useful lives of between one and twenty-five years, with a weighted-average amortization period of twenty-four years Source: Amazon Form 10-Q, September 30, 2017