Question: Use the Amazon.com financial statements in Appendix A at the end of this book to answer the following questions. Requirements 1. Show how Amazon computed

Use the Amazon.com financial statements in Appendix A at the end of this book to answer the following questions.

Requirements

1. Show how Amazon computed basic earnings per share of $2.08 for 2009. (Ignore diluted earnings per share of $2.04.)

2. Prepare a T-account to show the beginning and ending balances and all activity in Retained earnings (Accumulated Deficit) for 2009.

3. How much in cash dividends did Amazon pay out during 2009, if any? Explain your answer.

4. How much treasury stock did Amazon have at December 31, 2009? Explain.


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