Amazon.com, Inc.’s financial statements are presented in Appendix D. Financial statements of Walmart Inc. are presented in Appendix E. The complete annual reports of Amazon and Walmart, including the notes to the financial statements, are available at each company’s respective website.

Instructions

a. Based on the information contained in these financial statements, determine the following for Amazon at December 31, 2018, and Walmart at January 31, 2019.

1. Total current assets.

2. Net amount of property and equipment (fixed assets).

3. Total current liabilities.

4. Total equity.

b. What conclusions concerning these two companies can be drawn from these data?