Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

i have added the appendix for amazon and walmart thats it Wal-Mart Stores, Inc. Consolidated Statement of Income Ser dcoomponing noter AMAZON.COM, INC. CONSOLIDATED BALANCE

i have added the appendix for amazon and walmart image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
thats it
Wal-Mart Stores, Inc. Consolidated Statement of Income Ser dcoomponing noter AMAZON.COM, INC. CONSOLIDATED BALANCE SHEETS (in millions, escept per share data) ASSETS Current asuets: Cash and eash equivalents Marketable securities Inventories Accounts receivable, net and other Total current assets Property and equipment, net Goodwill Other assets Total assets LABIILITIES AND STOCKHOLDERS' EOUITY Cument liabilities: Accounts payable Accrued expenses and other Uneamed revenue Total current liabilities Long-term debt Other long-term liabilities \begin{tabular}{rr} 20,397 s & 25,309 \\ 10,372 & 13,739 \\ 3,118 & 4,768 \\ \cline { 2 - 2 } 33,887 & 43,816 \\ 8,227 & 7,694 \\ 9,249 & 12,607 \end{tabular} Cormmitments and contingencies (Note 7) Stockholders' equity: Preferred stock, $0.01 par value: Authorized shares -500 Iscued and outstanding shares - none Common stock, $0.01 par value: Authorized shares 5,000 Issued shares - 494 and 500 Outstanding shares -471 and 477 Treasury stock, at cost Additional paid-in capital Accumulated other comprehensive loss Retained carnings Total stockholders' equity Total liabilities and stockholders' equity \begin{tabular}{cc} 5 & 5 \\ (1,837) & (1,837) \\ 13,394 & 17,186 \\ (723) & (985) \\ 52,545 & 4,916 \\ \hline 13,384 \\ \hline 54,747 \\ \hline \end{tabular} Sec accompanying notes to consolidatod financial statements. Wal-Mart Stores, Inc. Consolidated Statement of Comprehensive Income AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (in millions) CT1.3 Amazon.com, Inc.'s financial statements are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E. Instructions a. Based on the information contained in these financial statements, determine the following for each company. 1. Total assets at December 31, 2016, for Amazon and for Wal-Mart at January 31, 2017. 2. Receivables (net) at December 31, 2016, for Amazon and for WalMart at January 31, 2017. 3. Net sales (product only) for the year ended in 2016 (2017 for Wal-Mart). 4. Net income for year ended in 2016 (2017 for Wal-Mart). b. What conclusions concerning these two companies can be drawn from these data? Wal-Mart Stores, Inc. Consolidated Statements of Shareholders' Equity and Redeemaole Noncontrolling Interest AMAZON.COM, INC. see accompanyng notes to consolidated runancial statements. AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions) CASHAND CASH EQUTVALENTS, BEGINNING OF PERIOD OPERATINO ACTIVITES: Ner incorme (loss) Adjustments to reconcile net incoene (loss) to net cash froen operating activities: Depreciation of propeny and equipenent, incloding internat-use wofrware and website development, and other amortiration, including capitalised content costs Stock-based compensation Other operating expense, net Other expense (income), net Deferred income taxes Excess tax benefits from stock-bused compensation Changes in operating assets and liabilities: Inventories Accounts neceivable, net and other Accounts payable Accrued expenses and other Additions to uncarned revenve Amortization of previously unearned revenue Net cash provided by (used is) operating activities INVESTING ACTIVITIES: Purchases of propenty and equipment, including intemal-use software and website development, net Acquivitions, net of eash acquired, and other Sales and maturities of marketable securities Purchases of marketable securities Net cash provided by (used ia) investing activities FINANCINGACTIVITIES: Exceus tax benefits from slock-based compensation Proceeds from long-iern debt and other Repayments of long-term debt and other Principal repayments of capital lease obligations Principal repayments of finance lease obligations Net cash provided by (used in) financing activities Foreign currency effoct on cash and cash equivalents Net increase (decrease) in cash and eash equivalents CASH AND CASH EQUIVALENTS, END OF PERIOD SUPPLEMENTAL CASH FLOW INFORMATION: Casth paid for isterest on long-term debt Cach paid for interest on capital and finance lease obligations Cash paid for incone tases, net of refunds Property and equipment acquired under capital leakes Properiy and cyoipment acquired uisder build-to-suit leases (24) 2.371 See accompanying notes to consolidated financial statements. Wal-Mart Stores, Inc. Consolidated Balance Sheets Driountsininitiony At of Juncary 31 . ASSETS 2017 2016 Cument asets: Gish and cash equivients: Recervables net inventories Prepald expenses and other Total current assets Property and equipment: Property and equipment Less accumulated depreclation Property and equipenene net Property under capital lease and financing obligations: Property under capltal kease and financing obligations Less accumulated amortitation Property under captal lease and financing obligations, net Goodwil Other assets and deferred charges Total assets $6,867$8705 5,23555,624 43,04644,469 1,941 1,441 57,689 60239 LABIIUTES AND EQUTY Current llabilities: Short-term borrowings Accounts payable Accrued liablities Accrued income taxes Long-term debt due within one year Capital lease and financing obligations due within one year 179,492 176958 (71,782) (66787) 107,710 110,17 Total current liabilities Long-term debt Long term capital lease and financing obligations Defered income taxes and octher $1,09941,43320,6549212,2565,6566,92836,0156,0039,344$2,70838,44719,607521274555164,61936,2145,8067,321 Commitments and contingencies Equity: Comvnonstock Cophal in exicess of par value Retained eainings Accumulated other comprehenshe loss 11,637 11.006 (5,169) (4) 51 ) 6,468 6,345 17,037 16,095 9,921 (4) 5198,825 5199581 Total Walmart shareholders' equity Nonnedeemable noncontrolling inierest Total equity Total liablilities and equity 305 317 2,371 1805 89,354 90,021 (14,232) (11597) 77,799 2,737 80546 80,535 3,065 Ser aconowipung now. $198,825 5199581 Wal-Mart Stores, Inc. Consolidated Statements of Shareholders' Equity and Redeemaole Noncontrolling Interest AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUTTY (in millions) See accompanying notes to consolidated financial statements

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

Accounting A Systems Approach

Authors: Alison Warman, Jeff Davies

1st Edition

1861520379, 978-1861520371

More Books

Students also viewed these Accounting questions

Question

=+4. What might explain any differences that you identify?

Answered: 1 week ago

Question

=+2. Is there a strong collective bargaining culture in evidence?

Answered: 1 week ago