Question
Amazon's List of Accounts balances (Trial Balance) Consolidated list of accounts balances (adapted for classroom use) As of December 31, 2016 (in millions) Cash
Amazon's List of Accounts balances (Trial Balance) Consolidated list of accounts balances (adapted for classroom use) As of December 31, 2016 (in millions) Cash and cash equivalents $19,334 Marketable securities 6,647 Inventories 11,461 Accounts receivable, net 8,339 Property and equipment, net 29,114 Intangible assets, net 3,784 Other long-term assets 4,723 Accounts payable $25,309 Other current liabilities 18,507 Long-term debt 7,694 Other long-term liabilities 12,607 Common stock and other 14,369 Beginning retained earnings (R/E as of 1/1/2016) Net revenues for 2016 Expenses for 2016 Other expenses and adjustments for 2016 Dividends for 2016 2,545 135,987 131,801 1,815 0 Amazon's complete, unabridged financial statements (10-K) can be found on its investor relations website. Questions (calculate each of the following totals using Amazon's list of accounts) 1. Current assets 2. Total assets 3. Current liabilities 4. Total liabilities 5. Net income 6. Ending retained earnings 7. Total stockholders' equity 8. Write Amazon's accounting equation as of December 31, 2016.
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