Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

http://www.annualreports.com/HostedData/AnnualReports/PDF/NASDAQ_AMZN_2016.pdf Answer the following questions from the link above. What are the amounts Amazon.com, Inc. reports for total assets, total liabilities, and total stockholders equity

http://www.annualreports.com/HostedData/AnnualReports/PDF/NASDAQ_AMZN_2016.pdf

Answer the following questions from the link above.

What are the amounts Amazon.com, Inc. reports for total assets, total liabilities, and total stockholders equity in the balance sheet for the most recent year? Verify that the basic accounting equation balances.

What name does Amazon.com, Inc. use for its income statement? What type of income statement does Amazon.com, Inc. issue (multi-step or single step)? Explain

Which public accounting firm was Amazon.com, Inc. external auditors?

What is the amount of cash and cash equivalents reported in the most two most recent years? By how much has cash and cash equivalents increased/decreased?

In the Critical Accounting Judgments, what is the companys cost flow assumption and valuation method in accounting for inventory?

Calculate the current ratio for the past two years. Did the current ratio improve or weaken in the more recent years?

Based upon the notes to the financial statements, how does Amazon.com, Inc. calculate the allowance for doubtful accounts? What amount was estimated for December 31, 2014, 2015 and 2016 respectively?

Which depreciation method is used by Amazon.com, Inc.? What are the estimated useful lives for buildings, leasehold improvements, and property and equipment?

What does Amazon include in Accrued expenses and other and Unearned revenue on its balance sheet?

What is the net cost of Property and Equipment at December 31, 2016 and December 31, 2015? What is the trend in property and equipment for the past two years?

In which state is Amazon.com, Inc. re-incorporated? Where was the company originally incorporated?

What is the par value per share for the common stock?

What percentage of Amazon.com, Inc. authorized stock was issued at December 31, 2016?

According to the balance sheet, how many outstanding shares does Amazon.com, Inc. have on December 31, 2016?

How does Amazon.com, Inc. report treasury stock? How does this differ from the presentation in the textbook?

What is the dividend policy for the company? How does the policy impact stockholders investment goals?

What method does Amazon.com, Inc. use for the Operating Section of the Statement of Cash Flows?

What is the largest investing activity outflow during the most recent year? (Indicate reconciling item and amount)

What is the largest financing activity inflow during the most recent year? (Indicate reconciling item and amount)

In two paragraphs or less indicate a couple of interesting items you learned while reading this annual report?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Research Methods And Audit In General Practice

Authors: David Armstrong, John Grace

1st Edition

0192624547, 978-0192624543

More Books

Students also viewed these Accounting questions

Question

9. Understand the phenomenon of code switching and interlanguage.

Answered: 1 week ago