Amazon and Whole Foods Consolidation

Access Amazon 2017 and 2018 (For the Fiscal Year Ended December 31, 2017and 2018) and media reports near the time of the acquisition and thoroughly answer ALL the following questions.

There is no word limit for question 3 and 4. Most of the answers will be in the 2017 10K. You need to include proper citation.

1) Brief Description of Whole Foods (No more than 100 words)

2) Brief Description of Amazon (No more than 100 words)

3) The Amazon Whole Foods Deal

When did amazon purchase Whole Foods? How did it buy Whole Foods?

Why Amazon decided to buy a brick and mortar store? Discuss the opportunities for

both companies)

4) The Merger

How did Amazon account for Whole Foods cash acquired in the business combination?

What amount of Goodwill did Amazon recognize in the combination?

How did Amazon determine the fair values of Whole Foods assets?

What is the acquisition related costs that Amazon incurred regarding the combination

and how these costs were accounted for?

How did Amazon report the acquisition in the cash flow statement?