The financial statements of Amazon.com, Inc. are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc.

Question:

The financial statements of Amazon.com, Inc. are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E.

Instructions

(a) Based on the information in the financial statements, determine each of the following for each company:

(1) The percentage increase

(i) In net sales and

(ii) In net income from 2013 to 2014.

(2) The percentage increase

(i) In total assets and

(ii) In total stockholders' equity from 2013 to 2014.

(3) The basic earnings per share for 2014.

(b) What conclusions concerning the two companies can be drawn from these data?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...