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

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Amazon.com, Inc.’s financial statements are presented in Appendix D. Financial statements of 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.

Instructions
(a) What is the par or stated value of Amazon’s and Wal-Mart’s common stock?
(b) What percentage of authorized shares was issued by Amazon at December 31, 2011, and by Wal-Mart at January 31, 2012?
(c) How many shares are held as treasury stock by Amazon at December 31, 2011, and by Wal-Mart at January 31, 2012?
(d) How many Amazon common shares are outstanding at December 31, 2011? How many Wal-Mart shares of common stock are outstanding at January 31, 2012?

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...
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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