Question
a. Based on the information provided in these financial statements, compute the free cash flow for Amazon at December 31,2016 and Walmart for January 31,
a. Based on the information provided in these financial statements, compute the free cash flow for Amazon at December 31,2016 and Walmart for January 31, 2017.
b. What conclusions concerning the managements of cash can be drawn from free cash flow for each company?
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Financial Accounting
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
12th edition
134725980, 9780134726656 , 978-0134725987
