Question
how does Amazon's use of capital leases to purchase property, plant & equipment (PPT) overstates its cash flow metrics, after reading Notes 1 & 3
how does Amazon's use of capital leases to purchase property, plant & equipment (PPT) overstates its cash flow metrics, after reading Notes 1 & 3 to Consolidated Financial Statements in Amazons.com Consolidated Balance Sheet?
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From Amazons most recent annual report. Discuss in a minimum post of at least 200 words how Amazon's use of capital leases to purchase property, plant & equipment (PPT) overstates its cash flow metrics, after reading Notes 1 & 3 to Consolidated Financial Statements in Amazons.com Consolidated Balance Sheet:
- Note 1Description of Business and Accounting Policies, and the two subsections titled Property and Equipment, Net and Leases and Asset Retirement Obligations.
- Note 3Property and Equipment
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