How would prospective analysis be useful in an analysis of Amazon? In addition to recent trends that might reveal themselves in the projection, what other information would you find useful? Discuss the steps you would perform to prepare a projected income statement and projected balance sheet.

December 31 2014 2013 SSETS Current assets Cash and cash equivalents Marketable securities Inventoies Accounts receivable, net and other 8,658 3,789 7,411 4,767 24,625 10,949 2,655 1,930 54,505 S40,159 14,557 S 2,859 8,299 5,612 31,327 16,967 3,319 2,892 Total current assets Property and equipment, net Goodwill Other assets Total assets LIABILITIES AND STOCKHOLDERS EQUITY Current liabilities: Accounts payable Accrued expenses and other Unearned revenue 16,459 S 9,807 1,823 15,133 6,688 1.159 22,980 3,191 4,242 Total current liabilities 28,089 Long-term debt Other long-term liabilities Commitments and contingencies (Note 8) Stockholders equity: 8,265 7,410 Preferred stock, S0.01 par value Authorized shares500 Issued and outstanding shares_none Common stock, S0.01 par value Authorized shares5,000 Issued shares488 and 483 Outstanding shares 465 and 459 Treasury stock, at cost Additional paid-in capital Accumulated other comprehensive loss Retained eamings (1,837) 9,573 (185) 2,190 9.746 54,505 S 40,159 (1,837) 11,135 (511) 1,949 10,741 Total stockholders' equity Total liabilities and stockholders' equity See accompanying notes to consolidated financial statements