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.

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, 2013, for Amazon and at January 31, 2014, for Wal-Mart.

(2) Increase (decrease) in cash and cash equivalents from 2012 to 2013.

(3) Net cash provided by operating activities during the year ended December 31, 2013, for Amazon and January 31, 2014, for Wal-Mart from statement of cash flows.

(b) What conclusions concerning the management of cash can be drawn from these data?