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

Question:

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, 2016, for Amazon and at January 31, 2017, for Wal-Mart?

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

c. How much cash was provided by operating activities during the year ended December 31, 2016, for Amazon and January 31, 2017, for Wal-Mart?

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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d The percentage of cash to total assets for WalMart was 57 times lower than the percentage of cash ...View the full answer

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Related Book For answer-question

Financial Accounting Tools for Business Decision Making

ISBN: 978-1119493631

9th edition

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

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Question Posted: Jul 12, 2019 01:27 PM

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

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d The percentage of cash to total assets for WalMart was 57 times lower than the percentage of cash ...View the full answer

Financial Accounting Tools for Business Decision Making

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