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Strictly based off of these financial statements (disregarding public opinions, stock prices, etc.), why or why not should my team invest in common stock in
Strictly based off of these financial statements (disregarding public opinions, stock prices, etc.), why or why not should my team invest in common stock in Amazon? Give reasons and any computations to support those reasons.
Amazon.com, Ine. Consolidated Statements of Cash Flows FINANCING ACTIVITIES: See accompanying notes to consolidated financial statements. Amazon.com, Inc. Consolidated Statements of Operations (in millions, exeept per share data) Year Ended December 31 Net product sales Net service sales Total net sales Operating expenses: \begin{tabular}{lrrr} Cost of sales & 88,265 & 111,934 & 25,249 \\ Fulfillment & 17,619 & 10,069 & 34,027 \\ Marketing & 7,233 & 136,814 \\ Technology and content & 16,085 & 22,620 \\ General and administrative & 2,432 & 3,674 \\ Other operating expense, net & 167 & 4,336 \\ \hline \end{tabular} Total operating expenses Operating income Interest income Weighted-average shares used in computation of earnings per share: Basic Diluted See accompanying notes to consolidated financial statements. Amazon.com, Inc. Consolidated Statements of Comprehensive Income (in millions) Net income Other comprehensive income (loss): Foreign currency translation adjustments, net of tax of $(49), $5, and $6 (279) (538) Net change in unrealized gains (losses) on available-for-sale debt securities: Unrealized gains (losses), net of tax of $(12),$5, and $0 9 (39) (17) Reclassification adjustment for losses (gains) included in "Other income (expense), net," net of tax of $0,$0, and $0 Net unrealized gains (losses) on available-for-sale debt securities Total other comprehensive income (loss) Comprehensive income \begin{tabular}{ccc} 178 & (32)7 & (9)8 \\ $2,109(262) & (547)501 \\ \hline$3,534 & $9,526 \end{tabular} Amazon.com, Inc. Consolidated Balance Sheets (in millions, except per share data) December 31, 2017 2018 ASSETS Current assets: Cash and cash equivalents Marketable securities Inventories Accounts receivable, net and other 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 Total current liabilities Long-term debt Other long-term liabilities Commitments and contingencies (Note 7) Stockholders' equity: Preferred stock, \$0.01 par value: Authorized shares-500 Issued and outstanding shares-none Common stock, \$o.01 par value: Authorized shares 5,000 Issued shares-507 and 514 Outstanding shares 484 and 491 Treasury stock, at cost Additional paid-in capital Accumulated other comprehensive loss \begin{tabular}{cc} 5 & 5 \\ (1,837) & (1,837) \\ 21,389 & 26,791 \\ (484) & (1,035) \\ 8,636 & 19,625 \\ \hline 27,709 & 43,549 \\ \hline$131,310 & $162,648 \end{tabular} Amazon.com, Inc. Consolidated Statements of Stockholders' Equity (in millions) Amazon.com, Ine. Consolidated Statements of Cash Flows FINANCING ACTIVITIES: See accompanying notes to consolidated financial statements. Amazon.com, Inc. Consolidated Statements of Operations (in millions, exeept per share data) Year Ended December 31 Net product sales Net service sales Total net sales Operating expenses: \begin{tabular}{lrrr} Cost of sales & 88,265 & 111,934 & 25,249 \\ Fulfillment & 17,619 & 10,069 & 34,027 \\ Marketing & 7,233 & 136,814 \\ Technology and content & 16,085 & 22,620 \\ General and administrative & 2,432 & 3,674 \\ Other operating expense, net & 167 & 4,336 \\ \hline \end{tabular} Total operating expenses Operating income Interest income Weighted-average shares used in computation of earnings per share: Basic Diluted See accompanying notes to consolidated financial statements. Amazon.com, Inc. Consolidated Statements of Comprehensive Income (in millions) Net income Other comprehensive income (loss): Foreign currency translation adjustments, net of tax of $(49), $5, and $6 (279) (538) Net change in unrealized gains (losses) on available-for-sale debt securities: Unrealized gains (losses), net of tax of $(12),$5, and $0 9 (39) (17) Reclassification adjustment for losses (gains) included in "Other income (expense), net," net of tax of $0,$0, and $0 Net unrealized gains (losses) on available-for-sale debt securities Total other comprehensive income (loss) Comprehensive income \begin{tabular}{ccc} 178 & (32)7 & (9)8 \\ $2,109(262) & (547)501 \\ \hline$3,534 & $9,526 \end{tabular} Amazon.com, Inc. Consolidated Balance Sheets (in millions, except per share data) December 31, 2017 2018 ASSETS Current assets: Cash and cash equivalents Marketable securities Inventories Accounts receivable, net and other 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 Total current liabilities Long-term debt Other long-term liabilities Commitments and contingencies (Note 7) Stockholders' equity: Preferred stock, \$0.01 par value: Authorized shares-500 Issued and outstanding shares-none Common stock, \$o.01 par value: Authorized shares 5,000 Issued shares-507 and 514 Outstanding shares 484 and 491 Treasury stock, at cost Additional paid-in capital Accumulated other comprehensive loss \begin{tabular}{cc} 5 & 5 \\ (1,837) & (1,837) \\ 21,389 & 26,791 \\ (484) & (1,035) \\ 8,636 & 19,625 \\ \hline 27,709 & 43,549 \\ \hline$131,310 & $162,648 \end{tabular} Amazon.com, Inc. Consolidated Statements of Stockholders' Equity (in millions)Step by Step Solution
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