Question: Complete the following with the cash flow statement below. 1. Find net income, comprehensive income and gross margin. What are the key expenses? Briefly discuss

Complete the following with the cash flow statement below.1. Find net income, comprehensive income and gross margin. What are the key expenses? Briefly discuss fulfillment costs. 2. C


 

Year Ended December 31, 2016 2017 2018 $ 16,175 $ 19,934 21,856 CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PER 

(7,804) (11,955) (13,427) 1,067 1,897 2,104 INVESTING ACTIVITIES: Purchases of property and equipment Proceeds from property

FINANCING ACTIVITIES: 618 16,228 768 (1,301) Proceeds from long-term debt and other Repayments of long-term debt and other Pr 

1. Find net income, comprehensive income and gross margin. What are the key expenses? Briefly discuss fulfillment costs. 2. Check that the change of cash is the sum of operating cash flow, investing cash flows, and financing cash flows using the $ amounts. Describe the items that explain the discrepancy between net income and operating cash flow. Check whether Amazon increased or decreased A/R, Inventory, and A/P. 3. Find the amount of accruals. 4. Discuss the firm's investment activities. 5. Find the amount and conditions (e.g. interest rate) of debt issuance. Why does Amazon issue debt although they have cash? Briefly discuss the benefits and costs of debt issuance.

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