Prepare an income statement for the year ending december


Paper Assignment

In a 3 pages research paper discuss how the SEC's EDGAR | Search Tools improves how investors find and use financial information. In your paper,

1. Explain how investors can use the Securities and Exchange Commission's (SEC) database at EDGAR | Search Tools to research a company's operations and financial information.

2. Assess the financial performance of Amazon.com, Inc. (AMZN) by determining the risk of investing in the company through financial statement analysis. To make the above assessment and determination, go to Amazon's official website, and locate the company's Investor Relations link. Using the Investors Relations link, find financial information such as SEC Filings and Annual Reports.

3. Conclude how investors can assess Amazon's.com financial performance and risk using Annual Reports.

4. Explain the content of each report listed below in detail and how it relates to your assessment of Amazon's.com financial performance.

• Form 10-K SEC filings
• Annual Reports
• Management Discussion and Analysis
• Management's Responsibility for Financial Reporting
• Management's Report on Internal Control over Financial Reporting
• Auditors' Report
• Selected Financial Data

Amazon Inc. (AMZN) is the world's largest electronic commerce and cloud computing company measured by revenue and market capitalization. The following items were adapted from a recent Annual Report of Amazon for the year ending December 31:

In millions

1. Accounts payable $16,459
2. Accounts receivable 5,612
3. Cash 14,557
4. Cost of sales 62,752
5. Income tax expense 167
6. Interest expense 210
7. Inventories 8,299
8. Net cash provided by operating activities 6,842
9. Net cash flows used for investing activities (5,065)
10. Net sales 88,988
11. Other expense 118
12. Other income 76
13. Property, plant, and other long-term assets 16,967
14. Selling, general, and administrative expenses 26,058
15. Retained earnings (Dec. 31) 2,190

1. Indicate on which financial statement you would find each of the preceding items using the following notations (note: an item may appear on more than one statement):

• IS Income statement
• SE Statement of stockholders' equity
• BS Balance sheet
• SCF Statement of cash flow

2. Prepare an income statement for the year ending December 31, based on the com, Inc. financial statement data shown above.

Format your assignment according to the give formatting requirements:

• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.

• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.

• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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Financial Accounting: Prepare an income statement for the year ending december
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