Horngren's Financial & Managerial Accounting, The Managerial Chapters (6th Edition)
6th Edition
ISBN: 9780134486857
Author: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
Publisher: PEARSON
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Textbook Question
Chapter C, Problem 1TIATC
Before you begin this assignment, review the Tying It All Together feature in the chapter. It will also be helpful if you review Amazon.com, Inc.’s 2015 annual report (http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-reportsAnnual).
Amazon.com, Inc. serves its customers through its retail Web sites, selling millions of unique products. In addition, the company manufactures and sells electronic devices including Kindle e-readers and Fire tablets. Amazon.com also offers Amazon Prime, a membership program that includes unlimited free shipping on items and access to unlimited streaming of movies and TV episodes.
Requirements
- 1. Review item 7 (Management’s Discussion and Analysis of Financial Condition and Results of Operations) included in the 2015 Annual Report. What does Amazon.com, Inc. state is the company’s financial focus? What are
free cash flows and how does Amazon.com plan to increase its free cash flows? - 2. Review the statement of cash flows for Amazon.com, Inc. What type of noncash adjustments to net income did Amazon.com report in 2015?
- 3. Review the 2015 statement of cash flows for Amazon.com, Inc. What was the net cash provided (used) for investing activities? What were the
cash inflows and outflows related to this section? - 4. Review the 2015 statement of cash flows for Amazon.com, Inc. What was the net cash provided (used) for financing activities? What were the cash inflows and outflows related to this section?
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Chapter C Solutions
Horngren's Financial & Managerial Accounting, The Managerial Chapters (6th Edition)
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