a) What is Firms Debt Ratio?
b) Firms Return on Equity?
c) Firms Price/Earnings Ratio?
d) Price/Book Ratio?
Thank You!!!
Cover Financial Statements Notes to Financial Notes Details Dec. 31, 2019 Dec. 31, 2018 Consolidated Balance Sheets - USD ($) $ in Millions $ 36,092 18,929 20,497 20,816 96,334 72,705 25,141 14,754 16,314 225,248 $ 31,750 9,500 17.174 16,677 75,101 61,797 0 14,548 11,202 162,648 Current assets: Cash and cash equivalents Marketable securities Inventories Accounts receivable, net and other Total current assets Property and equipment, net Operating leases Goodwill Other assets Total assets Current liabilities: Accounts payable Accrued expenses and other Unearned revenue Total current liabilities 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 Issued shares - 507 and 514 Outstanding shares - 484 and 491 Treasury stock, at cost Additional paid-in capital Accumulated other comprehensive income (loss) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 47,183 32,439 8,190 87,812 39,791 23,414 12,171 38,192 23,663 6,536 68,391 9,650 23,495 17,563 0 0 5 5 (1,837) 33,658 (986) 31,220 62,060 $ 225,248 (1,837) 26,791 (1,035) 19,625 43,549 $ 162,648 Notes Details 12 Months Ended Consolidated Statements of Cash Flows - USD ($) $ In Millions Dec. 31, 2019 Dec 31, 2018 Dec. 31, 2017 $ 32,173 $ 21,856 $ 19,934 11,588 10,073 3,033 21,789 6.864 164 (249) 796 15,341 5,418 274 219 441 11.478 4 215 202 (292) (29) (3.278) (7.681) 8,193 (1.383) 1.711 38.514 (1.314) (4.615) 3,263 472 1,151 30,723 (3,583) (4.780) 7,100 283 738 18,365 Statement of Cash Flows [Abstract] CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD OPERATING ACTIVITIES: Net Income Adjustments to reconcile net income to net cash from operating activities: Depreciation and amortization of property and equipment and capitalized content costs, operating lease assets, and other Stock-based compensation Other operating expense (income), net Other expense (income), net Deferred Income taxes Changes in operating assets and liabilities: Inventories Accounts receivable, net and other Accounts payable Accrued expenses and other Uneamed revenue Net cash provided by (used in) operating activities INVESTING ACTIVITIES: Purchases of property and equipment Proceeds from property and equipment sales and incentives Acquisitions, net of cash acquired, and other Sales and maturities of marketable securities Purchases of marketable securities Net cash provided by (used in) investing activities FINANCING ACTIVITIES: Proceeds from long-term debt and other Repayments of long-term debt and other Principal repayments of finance leases Principal repayments of financing obligations Net cash provided by (used in) financing activities Foreign currency effect on cash, cash equivalents, and restricted cash Net increase (decrease) in cash, cash equivalents, and restricted cash CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD SUPPLEMENTAL CASH FLOW INFORMATION: Cash paid for interest on long-term debt Cash paid for operating leases Cash paid for interest on capital leases Cash paid for interest on finance leases Cash paid for interest on financing obligations Cash paid for income taxes, net of refunds Assets acquired under operating leases Property and equipment acquired under capital leases Property and equipment acquired under finance leases Property and equipment acquired under build-to-sult arrangements (16,861) 4,172 (2.461) 22,681 (31,812) (24,281) (13,427) 2,104 (2,186) 8.240 (7,100) (12,369) (11,955) 1,897 (13,972) 9,677 (12,731) (27.084) 2,273 (2,684) (9.628) (27) (10.066) 70 4,237 36,410 768 (668) (7,449) (337) (7,686) (351) 10,317 32,173 16.228 (1,301) (4,799) (200) 9,928 713 1,922 21,856 875 3,361 854 0 328 0 200 381 647 39 881 7,870 194 (1,184) 0 10,615 119 (957) 0 9,637 13,723 $ 1,362 $ 3,641 $ 3,541 Annual Report Accounting Policies Notes Tables Cover Financial Statements Notes to Financial Statements Notes Details Common Stock Treasury Stock Total Accumulated Other Comprehensive Income (Loss) Additional Pald-In Capital Retained Earnings 477 $ 5 $(1,837) $ 19,285 $ 17,186 $ (985) $ 4,916 3,033 3,033 501 501 7 1 1 4,202 4,202 484 27.709 $ 5 (1,837) 21,389 8,636 (484) 687 10,073 Consolidated Statements of Stockholders' Equity - USD shares in Millons, $ in Millions Beginning Balance (in shares) at Dec 31, 2016 Beginning Balance at Dec 31, 2016 Increase (Decrease) in Stockholders' Equity [Roll Forward] Net income Other comprehensive income (loss) Exercise of common stock options Exercise of common stock options Stock-based compensation and issuance of employee benefit plan stock Ending Balance (in shares) at Dec 31, 2017 Ending Balance at Dec 31, 2017 Increase (Decrease) in Stockholders' Equity [Roll Forward] Cumulative effect of a change in accounting principle Net income Other comprehensive income (loss) Exercise of common stock options Exercise of common stock options Stock-based compensation and issuance of employee benefit plan stock Ending Balance (in shares) at Dec 31, 2018 Ending Balance at Dec 31, 2018 Increase (Decrease) in Stockholders' Equity [Roll Forward) Cumulative effect of a change in accounting principle Net income Other comprehensive income (loss) Exercise of common stock options Exercise of common stock options Stock-based compensation and issuance of employee benefit plan stock Ending Balance (in shares) at Dec 31, 2019 Ending Balance at Dec 31, 2019 Increase (Decrease) in Stockholders' Equity [Roll Forward] Cumulative effect of a change in accounting principle 687 10,073 (547) (547) 7 0 0 5,402 5,402 491 $ 5 43,549 (1,837) 28,791 (1.035) 19,625 912 11,588 49 916 11,586 49 0 0 6,867 6,867 498 $ 5 62,050 $(1,837) $ 33,658 (986) 31,220 $7 $0 $ 7 Cover Financial Statements Notes to Financial Statements Notes Details 12 Months Ended Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions Dec 31, 2018 Dec. 31, 2017 Dec 31, 2019 $ 280,522 $ 232,887 $177,866 139,156 34,027 28,837 13,814 4,336 Total net sales Operating expenses: Cost of sales Fulfillment Technology and content Marketing General and administrative Other operating expense (income), net Total operating expenses Operating income Interest income Interest expense Other income (expense), net Total non-operating income (expense) Income before income taxes Provision for income taxes Equity-method investment activity, net of tax Net income Basic eamings per share Diluted earnings per share Welghted-average shares used in computation of earnings per share: Basic (in shares) Diluted (in shares) Net product sales Total net sales Net service sales Total net sales 165,536 40,232 35,931 18,878 5,203 201 265,981 14,541 832 (1.600) 203 (565) 13,976 (2,374) (14) $ 11,588 $ 23.46 $ 23.01 296 220,466 12,421 440 (1.417) (183) (1.160) 11,261 (1,197) 9 $ 10,073 $ 20.68 $ 20.14 111,934 25,249 22,620 10,069 3,674 214 173,760 4,106 202 (848) 346 (300) 3,806 (769) (4) $ 3,033 $6.32 $6.15 494 504 487 500 480 493 $ 160,408 $ 141,915 $ 118,573 $ 120,114 $ 90,972 $ 59,293 DATE CLOSE/LAST VOLUME OPEN HIGH LOW 01/07/2020 $1906.86 4,134,010 $1904.5 $1913.89 $1892.0433 01/06/2020 $1902.88 4,065,698 $1860 $1903.69 $1860 01/03/2020 $1874.97 3,766,604 $1864.5 $1886.1965 $1864.5 01/02/2020 $1898.01 3 FEEDBACK 4,035,910 $1875 $1898.01 $1864.15 12/31/2019 $1847.84 2,510,380 $1842 $1853.26 $1832.23 12/30/2019 $1846.89 3,677,306 $1874 $1884 $1840.62 12/27/2019 $1869.8 6,188,754 $1882.92 $19 WATCHLIST 12/26/2019 $1868.77 6,024,608 $1801.01 $1
