Access EDGAR online (SEC.gov) and locate the 2014 10-K report of Amazon.com (ticker: AMZN) filed on January

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Access EDGAR online (SEC.gov) and locate the 2014 10-K report of Amazon.com (ticker: AMZN) filed on January 30, 2015. Review its financial statements reported for years ended 2014, 2013, and 2012 to answer the following questions.
Required
1. What are the amounts of its net income or net loss reported for each of these three years?
2. Do Amazon's operating activities provide cash or use cash for each of these three years?
3. If Amazon has a 2014 net loss of $(241) million and 2014 operating cash flows of $6,842 million, how is it possible that its cash balance at December 31, 2014, increases by only $5,899 million relative to its balance at December 31, 2013?
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...
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Fundamental Accounting Principles

ISBN: 978-1259536359

23rd edition

Authors: John Wild, Ken Shaw, Barbara Chiappett

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