Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2020 financial statement 2020balance sheet 2021 financial statement 2021 balance sheet please help Financial statement analysis, Financial Accounting Complete the following problem. You can use

image text in transcribed

2020 financial statement

image text in transcribed

2020balance sheet

image text in transcribed

2021 financial statement

image text in transcribed

2021 balance sheet

image text in transcribed

please help

Financial statement analysis, Financial Accounting Complete the following problem. You can use any resources you wish. Write your answers on separate sheets of paper for each problem letter. Upload your answers by December 12, 2022, at 11:30 pm. Show all your work. 1) Using the 2020 and 2021 financial statements for Amazon (you can get this information from their 2021 Annual Report under Investor Relations on their website) prepare the following: a) Ratios to measure ability to pay current liabilities. b) Ratios measuring the ability to sell inventory and collect receivables. c) Ratios measuring profitability (using only the ratios on the handout). d) Ratios analyzing the stock as an investment. You should use the 2021 financial statements for any ratios that only use one year for analysis. 2021 financial report See accompanying notes to consolidated financial statements. CONSOL.IDATED BALANCE SHEETS (in millions, except per share data) Descather 31 , ASSEIS 20191 20b0 Current assets: Cash and cash equivalents Marketable securities Inventories Accounts reccivable, net and other Total current assets Property and equipment, net Operating leases Goodwill Other assets Total assets LIABII.ITIES AND SIOOKHOL.DERS' EOIITY Current liabilities: Accounts payable Accrued expenses and other Unearmed revenue Total current liabilities Long-term lease liahilities Long-term debt Other long-term liabilities Commitments and contingencies (Note 7) Stockholders' equity: Preferred stock, $0.01 par value: Authorized shares 500 Lssued and outstanding shares - none Common stock, $0.01 par value: Authorized shares 5,000 Lssued shares 521 and 527 Outstanding shares 498 and 503 Treasury stock, at cost Additional paid-in capital \begin{tabular}{rrrr} $47,183 & $ & 72,539 \\ 32,439 & & 44,138 \\ 8,190 & & 9,708 \\ \cline { 1 - 2 } \cline { 3 - 3 } 87,812 & & 126,385 \\ 39,791 & & 52,573 \\ 23,414 & & 31,816 \\ 12,171 & & 17,017 \end{tabular} Accumulated other comprehensive income (loss) Retained earnings Total stockholders" equity Total liabilities and stockholders' equity See accompanying notes to consolidated financial statements. AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except per share data) Net product sales Net service sales Total net sales Operating expenses: See accompanying notes to consolidated financial statements. AMAZOV.COM, INC. CONSOLIDATED BALANCE SHEETS (in millioss, exeept per share data) Drcember 31 . ASSFIS Current assets: Cash and cash equivalents Marketable securities Inventories Aocounts receivable, net and other Total current assets Property and equipment, net Operating leases Goodwill Other assets Total assets LIABILITIES AND STOCKHOL.DERS' EOUITY Current liabilities: Accounts payable Accrued expenses and other Unearned revenue Total current liabilities \begin{tabular}{rrrr} \$ 42,122 & $ & 36,220 \\ & 42,274 & & 59,829 \\ & 23,795 & & 32,640 \\ & 24,542 & & 32,891 \\ \cline { 1 - 2 } \cline { 4 - 4 } & 132,733 & & 161,580 \\ & 113,114 & & 160,281 \\ & 37,553 & & 56,082 \\ & 15,017 & & 15,371 \\ & 22,778 & & 27,235 \\ \cline { 1 - 3 } & 321,195 \\ \cline { 3 - 4 } & & 420,549 \\ \hline \end{tabular} Long-term lease liabilities Long-term debt Other long-term liabilities Commitments and contingencies (Note 7) Stockholders' equity: Preferred stock, $0.01 par value: Authorized shares - 500 Issued and outstanding shares - none Common stock, $0.01 par value: Authorized shares 5,000 lssued shares 527 and 532 Outstanding shares 503 and 509 Treasury stock, at cost Additional paid-in capital Accurvalated other comprehensive income (loos) \begin{tabular}{rrrr} \multirow{3}{*}{$12,539} & $ & 78,664 \\ & 44,138 & & 51,775 \\ 9,708 & & 11,827 \\ \cline { 3 - 4 } & 126,385 & & 142,266 \\ & 52,573 & & 67,651 \\ & 31,816 & & 48,744 \\ 17,017 & & 23,643 \end{tabular} Retained earnings Total stockholders' equity Total liabilities and siockholders' equity See accompanying notes to conoolidated financial statements. Financial statement analysis, Financial Accounting Complete the following problem. You can use any resources you wish. Write your answers on separate sheets of paper for each problem letter. Upload your answers by December 12, 2022, at 11:30 pm. Show all your work. 1) Using the 2020 and 2021 financial statements for Amazon (you can get this information from their 2021 Annual Report under Investor Relations on their website) prepare the following: a) Ratios to measure ability to pay current liabilities. b) Ratios measuring the ability to sell inventory and collect receivables. c) Ratios measuring profitability (using only the ratios on the handout). d) Ratios analyzing the stock as an investment. You should use the 2021 financial statements for any ratios that only use one year for analysis. 2021 financial report See accompanying notes to consolidated financial statements. CONSOL.IDATED BALANCE SHEETS (in millions, except per share data) Descather 31 , ASSEIS 20191 20b0 Current assets: Cash and cash equivalents Marketable securities Inventories Accounts reccivable, net and other Total current assets Property and equipment, net Operating leases Goodwill Other assets Total assets LIABII.ITIES AND SIOOKHOL.DERS' EOIITY Current liabilities: Accounts payable Accrued expenses and other Unearmed revenue Total current liabilities Long-term lease liahilities Long-term debt Other long-term liabilities Commitments and contingencies (Note 7) Stockholders' equity: Preferred stock, $0.01 par value: Authorized shares 500 Lssued and outstanding shares - none Common stock, $0.01 par value: Authorized shares 5,000 Lssued shares 521 and 527 Outstanding shares 498 and 503 Treasury stock, at cost Additional paid-in capital \begin{tabular}{rrrr} $47,183 & $ & 72,539 \\ 32,439 & & 44,138 \\ 8,190 & & 9,708 \\ \cline { 1 - 2 } \cline { 3 - 3 } 87,812 & & 126,385 \\ 39,791 & & 52,573 \\ 23,414 & & 31,816 \\ 12,171 & & 17,017 \end{tabular} Accumulated other comprehensive income (loss) Retained earnings Total stockholders" equity Total liabilities and stockholders' equity See accompanying notes to consolidated financial statements. AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except per share data) Net product sales Net service sales Total net sales Operating expenses: See accompanying notes to consolidated financial statements. AMAZOV.COM, INC. CONSOLIDATED BALANCE SHEETS (in millioss, exeept per share data) Drcember 31 . ASSFIS Current assets: Cash and cash equivalents Marketable securities Inventories Aocounts receivable, net and other Total current assets Property and equipment, net Operating leases Goodwill Other assets Total assets LIABILITIES AND STOCKHOL.DERS' EOUITY Current liabilities: Accounts payable Accrued expenses and other Unearned revenue Total current liabilities \begin{tabular}{rrrr} \$ 42,122 & $ & 36,220 \\ & 42,274 & & 59,829 \\ & 23,795 & & 32,640 \\ & 24,542 & & 32,891 \\ \cline { 1 - 2 } \cline { 4 - 4 } & 132,733 & & 161,580 \\ & 113,114 & & 160,281 \\ & 37,553 & & 56,082 \\ & 15,017 & & 15,371 \\ & 22,778 & & 27,235 \\ \cline { 1 - 3 } & 321,195 \\ \cline { 3 - 4 } & & 420,549 \\ \hline \end{tabular} Long-term lease liabilities Long-term debt Other long-term liabilities Commitments and contingencies (Note 7) Stockholders' equity: Preferred stock, $0.01 par value: Authorized shares - 500 Issued and outstanding shares - none Common stock, $0.01 par value: Authorized shares 5,000 lssued shares 527 and 532 Outstanding shares 503 and 509 Treasury stock, at cost Additional paid-in capital Accurvalated other comprehensive income (loos) \begin{tabular}{rrrr} \multirow{3}{*}{$12,539} & $ & 78,664 \\ & 44,138 & & 51,775 \\ 9,708 & & 11,827 \\ \cline { 3 - 4 } & 126,385 & & 142,266 \\ & 52,573 & & 67,651 \\ & 31,816 & & 48,744 \\ 17,017 & & 23,643 \end{tabular} Retained earnings Total stockholders' equity Total liabilities and siockholders' equity See accompanying notes to conoolidated financial statements

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Management Accounting Pearson New International

Authors: Robert Steven Kaplan, Anthony A. Atkinson

3rd Edition

1292026596, 978-1292026596

More Books

Students also viewed these Accounting questions

Question

Describe the team dynamics at Facebook.

Answered: 1 week ago