Amazon.com, Inc.s financial statements are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented
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Instructions
(a) Based on the information contained in these financial statements, determine the following for each company.
(1) Net cash used for investing (investment) activities for the current year (from the statement of cash flows).
(2) Cash used for business acquisitions, net of cash acquired during the current year.
(b) Each of Amazon’s financial statements is labeled “consolidated.” What has been consolidated?
That is, from the contents of Amazon’s annual report, identify by name the corporations that have been consolidated (parent and subsidiaries).
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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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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