Amazon.com, Inc.s financial statements are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented
Question:
Instructions
(a) Based on the information contained in these financial statements, determine each of the following for each company:
(1) Cash and cash equivalents balance at December 31, 2011, for Amazon and at January 31, 2012, for Wal-Mart.
(2) Increase (decrease) in cash and cash equivalents from 2011 to 2010.
(3) Net cash provided by operating activities during the year ended December 31, 2011, for Amazon and January 31, 2012, for Wal-Mart from statement of cash flows.
(b) What conclusions concerning the management of cash can be drawn from these data?
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...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Question Posted: