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Using the data in the picture: : 1. Compute Amazon's Current Ratio in 2012. Round to the second decimal point. 2. Compute Amazon's Quick Asset

Using the data in the picture:image text in transcribed:

1. Compute Amazon's Current Ratio in 2012. Round to the second decimal point.

2. Compute Amazon's Quick Asset Ratio for the year 2013. Round to the second decimal place.

3. Calculate Amazon's Account receivables turnover for 2014. Round to the second decimal place.

AMAZON COM INC 10-K 02/02/2018 Balance Sheet 2012 2013 2014 ASSETS Current assets Cash and cash equivalents Marketable securities Inventories Accounts receivable, net and other Deferred tax assets Total current assets Property and equipment, net Deferred tax assets Goodwill Other assets Total assets LIABILITIES AND STOCKHOLDERS? EQUITY Current liabilities Accounts payable Accrued expenses and other Current Maturities on Long-Term Debt Unearned revenue Total current liabilities Long-term debt $8,084$8,658 3,789 7,411 4,767 3,364 6,031 3,817 $14,557 2,859 8,299 5,612 21,29624,625 7,060 10,949 31,327 16,967 2,655 1,930 $32,555 $40,159 2,552 1,647 3,319 2,892 $54,505 $13,318 $15,133 6,688 753 792 1,159 19,002 22,980 3,191 $16,459 9,807 1,520 1,823 28,089 8,265 4,892 579 3,084 7,410 14,009 43,764 Other long-term liabilities Commitments and contingencies (Note 7) Total Liabilities Stockholders? equity Authorized shares 5,000 Issued shares 500 and 507 Outstanding shares - 477 and 484 Treasury stock, at cost Additional paid-in capital Accumulated other comprehensive loss Retained earnings Total stockholders' equity 2,277 4,242 24,36330,413 (1,837) (1,837) 8,3479,573 (239) (185) 1,916 2,190 9,746 (1,837) 11,135 (511) 1,949 10,741 8,192 AMAZON COM INC 10-K 02/02/2018 Balance Sheet 2012 2013 2014 ASSETS Current assets Cash and cash equivalents Marketable securities Inventories Accounts receivable, net and other Deferred tax assets Total current assets Property and equipment, net Deferred tax assets Goodwill Other assets Total assets LIABILITIES AND STOCKHOLDERS? EQUITY Current liabilities Accounts payable Accrued expenses and other Current Maturities on Long-Term Debt Unearned revenue Total current liabilities Long-term debt $8,084$8,658 3,789 7,411 4,767 3,364 6,031 3,817 $14,557 2,859 8,299 5,612 21,29624,625 7,060 10,949 31,327 16,967 2,655 1,930 $32,555 $40,159 2,552 1,647 3,319 2,892 $54,505 $13,318 $15,133 6,688 753 792 1,159 19,002 22,980 3,191 $16,459 9,807 1,520 1,823 28,089 8,265 4,892 579 3,084 7,410 14,009 43,764 Other long-term liabilities Commitments and contingencies (Note 7) Total Liabilities Stockholders? equity Authorized shares 5,000 Issued shares 500 and 507 Outstanding shares - 477 and 484 Treasury stock, at cost Additional paid-in capital Accumulated other comprehensive loss Retained earnings Total stockholders' equity 2,277 4,242 24,36330,413 (1,837) (1,837) 8,3479,573 (239) (185) 1,916 2,190 9,746 (1,837) 11,135 (511) 1,949 10,741 8,192

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