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From the Table of Contents, select Financial Statements and Supplementary Data.

ID: 2521674 • Letter: F

Question

From the Table of Contents, select Financial Statements and Supplementary Data. Use the (Consolidated) Balance Sheet to answer the following:

What is the amount of total assets for the most recent date? What is the amount of total liabilities?

AMAZON.COM, INC.

CONSOLIDATED BALANCE SHEETS

(in millions, except per share data)

December 31,

2016

2017

ASSETS

Current assets:

Cash and cash equivalents

$

19,334

$

20,522

Marketable securities

6,647

10,464

Inventories

11,461

16,047

Accounts receivable, net and other

8,339

13,164

Total current assets

45,781

60,197

Property and equipment, net

29,114

48,866

Goodwill

3,784

13,350

Other assets

4,723

8,897

Total assets

$

83,402

$

131,310

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities:

Accounts payable

$

25,309

$

34,616

Accrued expenses and other

13,739

18,170

Unearned revenue

4,768

5,097

Total current liabilities

43,816

57,883

Long-term debt

7,694

24,743

Other long-term liabilities

12,607

20,975

Commitments and contingencies (Note 7)

Stockholders’ equity:

Preferred stock, $0.01 par value:

Authorized shares — 500

Issued and outstanding shares — none

Common stock, $0.01 par value:

Authorized shares — 5,000

Issued shares — 500 and 507

Outstanding shares — 477 and 484

5

5

Treasury stock, at cost

(1,837

)

(1,837

)

Additional paid-in capital

17,186

21,389

Accumulated other comprehensive loss

(985

)

(484

)

Retained earnings

4,916

8,636

Total stockholders’ equity

19,285

27,709

Total liabilities and stockholders’ equity

$

83,402

$

131,310

See accompanying notes to consolidated financial statements.

40

December 31,

2016

2017

ASSETS

Current assets:

Cash and cash equivalents

$

19,334

$

20,522

Marketable securities

6,647

10,464

Inventories

11,461

16,047

Accounts receivable, net and other

8,339

13,164

Total current assets

45,781

60,197

Property and equipment, net

29,114

48,866

Goodwill

3,784

13,350

Other assets

4,723

8,897

Total assets

$

83,402

$

131,310

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities:

Accounts payable

$

25,309

$

34,616

Accrued expenses and other

13,739

18,170

Unearned revenue

4,768

5,097

Total current liabilities

43,816

57,883

Long-term debt

7,694

24,743

Other long-term liabilities

12,607

20,975

Commitments and contingencies (Note 7)

Stockholders’ equity:

Preferred stock, $0.01 par value:

Authorized shares — 500

Issued and outstanding shares — none

Common stock, $0.01 par value:

Authorized shares — 5,000

Issued shares — 500 and 507

Outstanding shares — 477 and 484

5

5

Treasury stock, at cost

(1,837

)

(1,837

)

Additional paid-in capital

17,186

21,389

Accumulated other comprehensive loss

(985

)

(484

)

Retained earnings

4,916

8,636

Total stockholders’ equity

19,285

27,709

Total liabilities and stockholders’ equity

$

83,402

$

131,310

Explanation / Answer

Total assets for the most recent date (Dec 31, 2017) is $131,310.

Total liabilities for the most recent date (Dec 31, 2017) is $103,601.

Working note:

Total liabilties = Total current liabilities + Long term debt + Other long-term liabilities

= $57,883 + $24,743 + $20,975

= $103,601

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