Amazon.com, Inc.’s financial statements are presented in Appendix D. Financial statements for Wal-Mart Stores, Inc. are presented in Appendix E. Instructions for accessing and using the complete annual reports of Amazon and Wal-Mart, including the notes to the financial statements, are also provided in Appendices D and E, respectively.
(a) Based on the information contained in these financial statements, determine the following for Amazon at December 31, 2011, and Wal-Mart at January 31, 2012.
(1) Total current assets.
(2) Net amount of property and equipment (fixed assets), net.
(3) Total current liabilities.
(4) Total equity.
(b) What conclusions concerning these two companies can be drawn from these data?