Question
The company used will be Amazon. Nasdaq financial info for AMAZON: https://www.nasdaq.com/symbol/amzn/financials?query=income-statement Reuters financial information for Amazon: https://www.reuters.com/finance/stocks/income-statement/AMZN.OQ Yahoo financial information for Amazon: https://finance.yahoo.com/quote/AMZN/financials/ Internet
The company used will be Amazon.
Nasdaq financial info for AMAZON: https://www.nasdaq.com/symbol/amzn/financials?query=income-statement
Reuters financial information for Amazon: https://www.reuters.com/finance/stocks/income-statement/AMZN.OQ
Yahoo financial information for Amazon: https://finance.yahoo.com/quote/AMZN/financials/
Internet Case 14.5 Evaluating Liquidity and Profitability
(MUST POST FIRST) Initial Post As an employee, write an internal memo to your manager addressing the following:
Use the Internet search engine of your choice and do a general search on the name of a company of interest to you. Explore the web site of the company you choose and locate that companys most recent financial statements. You may need to look under a category that provides general information about the company and/ or investor information.
- Find and read the description of the company, including the type of business it is in. Why is gaining an understanding of the industry and type of business an important starting point for financial statement analysis?
- Locate the companys primary financial statements. Find the summary table of ratios in this chapter in Exhibit 1426. Calculate three of the listed ratios under each of the following categories: Measures of short-term liquidity and Measures of profitability. Show your work in calculating these ratios. Write a brief statement describing what you have learned about your companys liquidity and profitability.
- Why do you think the Internet has become such a widely used source of financial information by investors and creditors?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started