Financial Accounting Homework

Amazon is my selected company

 

Using the Annual Report of your selected company answer the following questions in the Discussion:

  • What depreciation method does the company use for reporting in its financial statements? Why do you think they chose this method?
  • What was the amount of depreciation and amortization for the year end?
  • Compute the asset turnover ratio for the year end.
  • How does this ratio compare to the industry ratio? What does this tell you about the company?
  • What classifications of debt and/or equity security investments does the company hold?
  • How are the company’s available-for-sale investments reported? How are the company’s trading investments reported?