ACC112 - Accounting Principles II - ACC 112 Annual Report Analysis Project Name: To successfully operate in the world of business, the ability to comprehend a company's annual report and analyze the financial condition of a company is extremely important. This assignment will help you gain some experience interacting with an annual report, and it will allow you to apply some of what you have learned so far in accounting to a "real world" company. For this assignment, you are to examine the 2021 financial statements of Amazon Inc., and use that report to answer the questions that follow. Each answer should be numbered, and each question should be answered in complete sentences. For full credit, show all calculations. 1. (6 points) As of 12/30/2021, How many shares of common stock are: a. Authorized? b. Issued? c. Outstanding? 2. (2 point) What is the par value of the common stock? 3. (4 point) Did the company pay a cash dividend in the most recent year? If so, how much? Where in the financial statements did you find the information? 4. (2 point) If a company does not pay dividends, what might the reason be? 5. (2 point) Why would people invest in a company that did not pay dividends? 6. (4 points) Did the company repurchase treasury stock during the most recent year? If so, how many shares? Where in the financial statements did you find the information? 7. (20 points) Prepare a horizontal analysis of the Income Statement for the most current year. Note you MUST USE EXCEL to create the horizontal analysis. An excel file MUST BE TURNED IN with the project to earn points for this question. 8. (4 points) What is the company's "basic" earnings per share (EPS)? Did EPS vary more than 10% when compared to the prior year? Refer to the textbook for the calculation of Earnings per share. Hint: sometimes the EPS is calculated and included on the company's income statement. Page 1