Question
Read the Notes to the Financial Statements (FS) for AMAZON. These notes are displayed after the financial statements. The notes are required supplemental disclosures to
Read the Notes to the Financial Statements (FS) for AMAZON. These "notes" are displayed after the financial statements. The notes are required supplemental disclosures to a company's financial statements.
1. Inventory disclosures:
Are there any disclosures about raw materials, WIP inventory, Finished Goods inventory levels?
How is inventory described for your SEC 10-K company? Relate your answer to topics in our course.
Report on any costing information such as inventory valuation methods--LIFO, FIFO, and/or average cost.
Comment on supplemental information provided related to inventory for your SEC 10-K company.
2. Cost and sources for production materials: Notice how cost is used in the SEC 10-K.
3. Briefly provide an overall SWOT (strengths, weaknesses, opportunities and threats) analysis for your manufacturing corporation as related to cost accounting-related topics. Although details are high level in the SEC 10-K filing, what do you learn related to operations and strategy?
https://www.sec.gov/ix?doc=/Archives/edgar/data/1018724/000101872421000004/amzn-20201231.htm
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