Question: Prepare a cash flow statement for Amazon.com, Inc. for the year ended December 31, 2023. Calculate the Net Cash Provided by Operating Activities. Analyze the

  1. Prepare a cash flow statement for Amazon.com, Inc. for the year ended December 31, 2023.
  2. Calculate the Net Cash Provided by Operating Activities.
  3. Analyze the company's cash flow position.

Item

Amount ($)

Net Income

1,000,000

Depreciation Expense

300,000

Amortization Expense

150,000

Increase in Accounts Receivable

200,000

Increase in Inventory

400,000

Increase in Accounts Payable

350,000

Purchase of Equipment

800,000

Issuance of Common Stock

600,000

Payment of Dividends

500,000

Question:

Using the given data, prepare the cash flow statement for Amazon.com, Inc. for the year ended December 31, 2023. Calculate the Net Cash Provided by Operating Activities and analyze the company's cash flow position.

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!