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Financial Statement Analysis Project - Research Paper Example
Author : dstrosin
Pages 8 (2008 words)
Financial Statement Analysis Project Firm Choice-Amazon.com Amazon .com is an online shopping site which provided items starting from lunch boxes to various electronic gadgets and is the world’s largest online retailer. Amazon mainly deals in books, electronics, software, DVD’s, video games, etc…
In 2011 the cash and investment balances of the company rose to $125 million due to the initial public offering made in the year 1997. Financial Information of Company The company’s performance in case of the operating activities has been good enough but the same cannot be said as far as Amazon’s financial and investing activities are concerned because the company is showing a negative return of $482 million (financing activities) and $1930 million (investing activities) in 2011. This decrease was mainly the affect of the capital expenditures and the changes in the working capital over the year. Rising net sales of the company which by approximately 41% than the last year due to the effect of the exchange rates. But the effect of the rising sales were diluted due to the increase in the operating expenses of the company which resulted in the net income of Amazon to dip from $1152 million (2010) to $631 million (2011). Summary of the Firm Markets Market of operation for Amazon is mainly in North America, US and Canada. The common stock of Amazon.com, Inc. (AMZN) is dealt in Nasdaq Global Select Market. In 2010 amazon.com has witnessed a high of $185.65 in the fourth quarter and a low of $105.80 in the third quarter whereas in 2011 Amazon witnessed a high of $246.71 in the fourth quarter and a low of $160.59 in the first quarter. ...