Requirement 1. Review Item 7 (Management's Discussion and Analysis of Financial Condition and Results of Operations) included in the 2015 Annual Report. What does Amazon.com, Inc. state is the company's financial focus? What are free cash flows and how does Amazon.com plan to increase its Amazon.com, Inc. states their financial focus is on long-term, sustainable growth in free cash flows per share. flows are the amount of cash available from operating activities after paying for planned investments in long-term assets and dividends. Amazon.com plans to increase its free cash flows by Free cash Requirement 2. Review the statement of cash flows for Amazon.com, Inc. What type of noncash adjustments to net income did Amazon.com report in 2015? (Select the six correct answers.) Losses (gains) on sales of marketable securities B. E. Lease abandonment H. C. Impairments F. Stock-based compensation D. G. Depreciation and amortization Excess tax benefits from stock-based compensation Other operating expense (income) D L Gain on divestiture of business