Use the Amazon.com statement of cash flows, along with the companys other financial statements at the end

Question:

Use the Amazon.com statement of cash flows, along with the company’s other financial statements at the end of this book, to answer the following questions.

Requirements

1. Which method does Amazon use to report net cash flows from operating activities? How can you tell?

2. Amazon earned net income during 2009. Did operations provide cash or use cash during 2009? Give the amount. How did operating cash during 2009 compare with 2008?

3. Evaluate 2009 in terms of net income, cash flows, balance sheet position, and overall results. Be specific.


Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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