Question: Amazon.com, Inc. Cash Flow Data for the Year 2023: Net Income: $7,200,000 Depreciation Expense: $1,800,000 Change in Working Capital: ($600,000) Capital Expenditures: $2,500,000 Proceeds from

Amazon.com, Inc. Cash Flow Data for the Year 2023:

  • Net Income: $7,200,000
  • Depreciation Expense: $1,800,000
  • Change in Working Capital: ($600,000)
  • Capital Expenditures: $2,500,000
  • Proceeds from Issuing Bonds: $2,000,000

Requirements:

  1. Prepare the Cash Flow Statement using the indirect method.
  2. Calculate the Net Cash provided by Operating Activities.
  3. Determine the Net Cash used in Investing Activities.
  4. Compute the Net Cash provided by Financing Activities.
  5. Evaluate Amazon.com, Inc.'s overall cash position at the end of the year.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!