Need Help Asap Q12

D For Section 3, use (when required) the financial statements of Amazon (AMZN) to answer the following questions (answers should be for the most recent fiscal year, 2019, ending December 31, 2019, unless otherwise noted). Amazon Financial Statements AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except per share data) $ Year Eaded December 31, 2017 2015 118,5735 141915$ 59,293 90.972 177,866 232.887 2019 160,408 120,114 280,522 Net product sales Net service sales Total net sales Operating expenses: Cost of sales Fulfillment Technology and content Marketing General and administrative Other operating expense (income), net Total operating expenses Operating income Interest income Interest expense Other income (expense), net Total non-operating income (expense) Income before income taxes Provision for income taxes Equity-method investment activity, net of tax Net income Basic earings per share Diluted earnings per share Weighted average shares used in computation of earnings per share Basic Diluted 111,934 25,249 22,620 10,069 3.674 214 173,760 4,106 202 (848) 346 (300) 3.806 (769) 139.156 34,027 28,837 13,814 4,336 296 220,466 12,421 440 (1,417) (183) (1,160) 11,261 (1.197) 9 10.073 5 20.68 5 20.14 5 165,536 40,232 35,931 18,878 5,203 201 265,981 14.541 832 (1.6008 203 (565) 13.976 (2.374) (14) 11.588 23.46 23.01 $ $ $ 3.033 $ 6.32 $ 6.155 480 493 487 500 494 504 Ser accompanying notes to consolidated financial statements AMAZON.COM, INC. CONSOLIDATED BALANCE SHEETS (in millions, except per share data) December 31 2015 2012 $ 31.7505 9,500 17.174 16,677 75,101 61,797 36,092 18,929 20,497 20,516 96,334 72,705 25.141 14,754 16.314 225.345 14,548 1.202 162.6455 $ $ ASSETS Current asset Cash and cash equivalents Marketable secunities Inventories Accounts receivable, net and other Total current assets Property and equipment, et Operating leases Goodwill Other assets Totalsts LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable Accred expenses and other Uneamed revenue Total current liabilities Long-term lease liabilities Long-term debe Other long-term liabilities Commitment and contingencies (Note 7) Stockholders' equity Preferred stock, 50.01 par value Authorised sharet-500 Issued and outstanding shares --Hoe Common stock, 50.01 par vale: Authorised shares - 5,000 Issued shares - 514 and 521 Outstanding shares - 491 and 495 Treasury stock, at cost Additional paid in capital Accumulated other comprehensive income (losa) Ratused mig Total stockholders' equity Total liabilities and stockholders' equity 38,1925 23,663 6,536 68,391 9.650 23.495 17.563 47.183 32,439 5,190 57,312 39.791 23.414 12,171 (1537) 26,791 0,035) 19.625 43.549 162.643 5 (1.537) 33 655 0956) 31.220 62.060 225.245 See accompanying notes to consolidated financial statement AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (in milliont) Shared Deer 2011 2011 2009 5 19.9345 21.1565 32173 3.033 10.073 11.5 CASH. CASH EQUIVALENTS, AND RESTRICTED CASE BEOORDIG OF PERIOD OPERATING ACTIVITIES Netice Adjustments to reconcile et income to set cash from operating activities Deprecance and mortation of property and equipment and capitilised cost operations, and other Stock-based computin Oder operating expense (come) Other pencema), Deferred come to Changes in operating assets and liabilities: 15.341 11.478 4215 200 (292) 2171 6.154 164 441 794 6.533) (4700 7.100 193 314 (4615) 3.36 473 1151 30,723 738 10365 1.711 3.534 (16.5) 01.955) 1.197 (139723 1.407 2104 110 340 67.100 02.359 (2.731) 27.05 GLO QUID 16.30 (1301) Accounts receivable, set and other Accounts payable Accrued pead other Used Net cash provided by used in) operating activities DNVESTING ACTIVITIES Purchases of property det Proceeds from property and equipos de Acquist of cash acquired, and the Sales admin of marketable securities Purchases of marketables Net end provided by (med in) foresting actie DRANCING ACTIVITIES Proceeds from los debt and other Repayments of loop der der Principal payments of classes Pricipales of facias obligacions Netcash provided by used in faciatis Forriga curcatectos chaque and recados Netic (dec) ich, and restricted cash CASH, CASH EQUTVALENTS AND RESTRICTED CASH, END OF PERIOD SUPPLIENTAL CASH FLOW DNFORMATION Cath paid for the date Caspaid for openings Cashpad forstos aceleases Cach paid for son incing options Cui paid for income, set of Alles acquired operating less Property and equidade cele Property and quidade 560 410) 017 2.650 2.600 C00 (10.066 30 1923 21.156 30317 32.1735 36.410 $ 154 1 3336 31 300 119 957 L114 101 2170 13,723 130 9.537 3541 10.615 3.541 See accompanying notes te consolidated fancial state Question 12 4 pts 2. Calculate AMZN's days inventory held, i.e., the average number of days that AMZN has possession of its inventory before it is sold. (2 points) Compared to the most recent time series benchmark (previous year), is this good or bad? Note that, when calculating the previous year, use the ending inventory as the average for the year. (2 points) Edit View Insert Format Tools Table 12pt Paragraph I o ? : O words