Analyze the basics in Amazons 2020 10-K and answer the questions.

1. Briefly introduce the report, such as the company, the period covered, the date the report was filed to SEC, the auditor (firm name). Also, what did you expect in the numbers, and what turns out to be the fact on the report.

You do not have to answer the five questions separately and in the same sequence. As long as they are answered, you can wrap up your answers into one paragraph. Same for the following questions.

2. Briefly explain what is goodwill for Amazon, or why Amazon has this account. Either or even a different angle is ok, as long as you show your understanding of this account name. Then, what might be the reason for the increase in this account from 2019 to 2020?

3. Provide a possible example of accrued expense for Amazon.

4. What kind of businesses, as you know in Amazon, can result in the Unearned Revenue account? How this account is a liability?

5. Why Amazons paid-in capital is more than ten thousand times as much as its common stock?

6. What are the differences and/or relationships between earnings and retained earnings?