CT$17\mathrm{.}3$ Amazon.com, Inc.$$s financial statements are presented in Appendix D$.$ Financial statements of Wal$-$Mart Stores, Inc. are presented in Appendix E$.$ The complete annual reports for Amazon and Wal$-$Mart, including the notes to the financial statements, are available at each company$$s respective website.

Instructions

Based on the information contained in these financial statements, compute free cash flow for each company.

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