Expand Your Critical Thinking 12-03 a Amazon.com, Inc.’s financial statements are presented in Appendix D. Click here to view Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in...

See the attached assignment. Complete the 2 questions


Expand Your Critical Thinking 12-03 a Amazon.com, Inc.’s financial statements are presented in Appendix D. Click here to view Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E. Click here to view Appendix E. (a) Based on the information contained in these financial statements, compute free cash flow for Amazon at December 31, 2016 and Wal-Mart for January 31, 2017. (Show a negative free cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000). Enter amounts in millions.) Amazon.com, Inc. Wal-Mart Stores, Inc. Free cash flow $Enter the amount in millions of dollars $Enter the amount in millions of dollars (b) What conclusions concerning the management of cash can be drawn from free cash flow for each company? javascript:xlinkobject('kimmel9781119494850a04-sec-0001','nopolice'); javascript:xlinkobject('kimmel9781119494850a05-sec-0001','nopolice'); Appendix D Specimen Financial Statements: Amazon.com, Inc. Amazon.com, Inc. is the world's largest online retailer. It also produces consumer electronics—notably the Kindle e-book reader and the Alexa digital assistant in its Echo speakers—and is a major provider of cloud computing services. The following are Amazon's financial statements as presented in the company's 2016 annual report. The complete annual report, including notes to the financial statements, is available at the company's website. Appendix E Specimen Financial Statements: Wal-Mart Stores, Inc. The following are Wal-Mart Stores, Inc.'s financial statements as presented in the -company's annual report for the year ended January 31, 2017. The complete annual -report, including notes to the financial statements, is available at the company's website.