Learning Goal: I’m working on a accounting question and need guidance to help me learn.
- Part 1) Use the Strayer Library to find Amazon’s most recent financial statements. This library guide will help you learn how to use the IBISWorld database for this search.
- Analyzethe financial statements, and predict whether Amazon’s financial healthwill likely improve or deteriorate over the next five years. Provide arationale for your response.
Part 2) Be sure to respond to your classmate’s (Jasmine) posts below:
Hello everyone,
My name is Jasmine and I currently work in the finance field. I ampursuing my MBA to gain more knowledge if the finance world that willhelp me expand my knowledge in accounting to grow in this field of work.I am hoping that this class will help me do this ans explain thingsthat will make it easier to grasp ans retain all of the learningmaterial.
While doing some research on Amazon, the company is expected to growover the next 5 years. I want to begin with their stock. Investors arelikely to invest into Amzon because this is a profitable business thatis doing well currently ans in past years as well. Looking at theirstock, upwards trajectory over the next decade is to be expectedas the business is trending upward in areas of their business such asE-book publishing, data processing services, and hardware and tools.There are many other areas that they are increasing in and are rankedvery well in over their competitors.
The sales increased 9% in 2022 compared to the year prior whichwill continue to grow in future years as the company demonstratesstrong healthy revenue and sales. Looking at the operations side whichis quite meaningful in my opinion, the operations income wad $24.9billion and $12.2 billion for 2021 and 2022.
