Hello!

I am trying to complete this question for my class.

I am looking at the SEC10K for Amazon and I'm supposed to find the following. What I have so far is this, but I'm stuck on #2 (items of significance). I have them all listed but I'm pretty sure that's not right.

1. Net income versus total for operating activities: report these values.

2015 2014

Net Income $596 $(241)

Operating Activities $11,920 $6,842

(in millions) 2. Items of significance between net income and total for operating activities?

Adjustments to Reconcile Net Income (loss) to Net Cash from Operating Activities:

Depreciation of property and equipment

Stock-based compensation

Other operating expense (income), net

Losses (gains) on sales of marketable securities, net

Deferred income taxes

Excess tax benefits from stock-based compensation

For Changes in Operating Assets and Liabilities:

Inventories Accounts receivable

Accounts payable

Accrued expenses and other

Additions to unearned revenue

Amortization of previously unearned revenue

3. Is the business providing cash flow from operations?

Category: Investing and Financing Activities

Can I get a little help with #2? I think #3 is just posting the number again, yes?

Thank you.

Here is the link to the SEC10K:https://www.sec.gov/Archives/edgar/data/1018724/000101872416000172/amzn-20151231x10k.htm#sD94ADF4FB5251FD6C2CAABB2495413FA