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

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

Instructions

Answer the following questions for each company.

(a) What is the balance in cash and cash equivalents at December 31, 2014?

(b) What percentage of total assets does cash represent for each company over the last two years? Has it changed significantly for either company?

(c) How much cash was provided by operating activities during 2014?

(d) Comment on your findings in parts (a) through (c)?

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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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118953907

8th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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