Financial Statements-Consolidated Statements of Operations is the same as a Consolidated Income Statement

Question 13: What was the amount of Net Sales for the year ended 12/31/16?

Question 14: What was the amount of Net Sales for the year ended 12/31/15?

Question 15: What was the Cost of Sales (Cost of Goods Sold) for the year ended 12/31/16?

Question 16: What was the Cost of Sales (Cost of Goods Sold) for the year ended 12/31/15?

Question 17: Calculate: What would be Amazon’s gross profit for the year ended 12/31/16?

Question 18: What was Amazon’s basic earnings per share for 2016?

Question 19: What was Amazon’s basic earnings per share for 2015?

Question 20: What was Amazon’s Cash and Cash Equivalents as of 12/31/16?

Question 21: What was the amount of Inventory as of 12/31/16?

Question 22: What was the amount of Accounts Payable as of 12/31/16?

Question 23: What was the amount of Unearned Revenue as of 12/31/16?

Question 24: What was the amount of Retained Earnings as of 12/31/16?

Question 25: Based on what you learned about Amazon, would you invest in Amazon’s stock? Why or why not? Give a detailed explanation.