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. Wal-Mart has 11,000 million shares authorized.

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, 2013, and by Wal-Mart at January 31, 2014?

(c) How many shares are held as treasury stock by Amazon at December 31, 2013, and by Wal-Mart at January 31, 2014?

(d) How many Amazon common shares are outstanding at December 31, 2013? How many Wal-Mart shares of common stock are outstanding at January 31, 2014?