Q13 Need Help

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 Ended December 31, 2017 2015 118,573 $ 141,915 $ 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 earnings per share Diluted eamings per share Weighted average shares used in computation of earnings per share: 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 10,0735 20.68 5 20.14 5 165,536 40.232 35,931 18,878 5,203 201 265,981 14.541 832 (1.600 203 (565) 13,976 (2,374) (14) 11,585 23.46 23.01 $ $ $ 3.0335 6.32 $ 6.15 5 Basic Dibited 480 493 487 500 494 504 See accompanying notes to consolidated financial statements AMAZON.COM, INC. CONSOLIDATED BALANCE SHEETS (in millions, except per share data) December 31 2015 2019 $ 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 16,314 225.248 14,548 1.202 162.6435 5 $ ASSETS Current asset Cash and cash equivalents Marketable securities Inventories Accounts receivable, net and other Total current assets Property and equipment, net Operating leases Goodwill Other are Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable Accrued expenses and other Uneamed rever 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 shares-500 Issued and outstanding shares-mone Common stock, 50,01 par value: 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 (loza) Rated mins Total stockholders' equity Total liabilities and stockholders' equity 38,192 $ 23,663 6,536 68.391 9,650 23.495 17.563 47.183 32,439 3.190 57,512 39.791 23.414 12,171 (1537) 26,791 (1,035) 19.625 43.549 162.6455 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 million) Tarded December 2018 2011 2009 5 19.9345 211565 32173 3,033 10.03 115 15341 54 11.478 4215 202 (292) 21.710 154 164 24 210 441 14 3.533) (470) 7.100 1.300 (751) U19 (1) 1.711 31534 738 10.365 1151 30,723 (16.30 CASH CASE EQUIVALENTS, AND RESTRICTED CASH, BEDONDAG OF PERIOD OPERATING ACTIVITIES Netice Adjustments to concile set income to set cash from operating activities Depreciance and martination of property and equipment and capitalized com cooperating lases, and other Stock-based compass Other operating expense (income), bet r (), Deferred come Changes in operating assets and liabilities: Lates Accounts receivable, wer and other Accounts payable Accede and other Us Net cash provided by used in penting activities DIVESTING ACTIVITIES Purchases of property and equips Proceeds to property and equipment Acquutic, met of conscquired, and Sales and min of marketable securities Puhases of Net cash provided by med in) etacie PERANCDIO ACTIVITIES Proceeds from som det dhe Repayments of loop dit ador Principal payment of fiscales Principal epeyman officia obligations Netcase provided by a fraction Forriga curacy tecta cah, cash, and resticada Net increase (dec) inches, and restricche CASH, CASH EQUIVALENTS AND RESTRICTED CASH END OF PERIOD SUPPLIENTAL CASH FLOW INFORMATION Cach paid for the dat Caspaid for openings Caspaid for face lenses Cach paid forests ancia obligation Coil paid for income, set of Assets und er en les Property and equation de cele Property and quaedade do (1955) 1.197 (139723 1.407 2104 L 7.100 GD (12.731) 27.050 (301) 750 560 0.440 2550 9,920 100 (10.066 30 037 340410 1.923 21.656 5 10317 32.1735 3 336 60 300 119 957 31 194 LIH 11 13.733 9,537 3541 30,615 3.54 See accompanying notes to consolidated financial Question 13 2 pts 3. Since its inception, has AMZN earned more profits than it has paid out as dividends (1 point)? How do you know (1 points)? Edit View Insert Format Tools Table 12pt Paragraph ? : 1 O words