Annual Report Project To the Student The Annual Report Project (ARP) provides you the opportunity...
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Accounting
Annual Report Project
To the Student
The Annual Report Project (ARP) provides you the opportunity to analyze a corporate annual report. You will obtain the annual report for Amazon from their company website and answer questions regarding the application of concepts studied in your financial accounting course.
Obtain the most recent annual report (full annual report, summary reports and 10-Ks are not acceptable) for Amazon
ASSIGNMENT 3
THE BALANCE SHEET
4. Calculate the companys working capital for 2021 and 2020.
Show your computations and then the result. Present the figure correctly; each ratio has a specific format.
The Equation for working capital is: ___________________
This year: = 2021___________________ (show your work) = ____________ (result)
Last year: = 2020___________________ (show your work) = ____________ (result)
Explain what information this figure provides. Use complete sentences.
Has the result improved or worsened? Explain your answer and add your comments on the results.Use complete sentences.
Answer & Explanation
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