ACC 556 SU Analyzing Amazons Financial Statements Discussion

Part 1)Use the Strayer Library to find Amazon’s most recent financial statements. This

IBISWorld: Company Reports

library guide will help you learn how to use the IBISWorld database for this search.

https://library.strayer.edu/ibisworld/co

Analyze  the financial statements, and predict whether Amazon’s financial health  will likely improve or deteriorate over the next five years. Provide a  rationale 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 am  pursuing my MBA to gain more knowledge if the finance world that will  help 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 things  that will make it easier to grasp ans retain all of the learning  material.

While doing some research on Amazon, the company is expected to grow  over the next 5 years. I want to begin with their stock. Investors are  likely to invest into Amzon because this is a profitable business that  is doing well currently ans in past years as well. Looking at their  stock, upwards trajectory over the next decade is to be expected  as the business is trending upward in areas of their business such as  E-book publishing, data processing services, and hardware and tools.  There are many other areas that they are increasing in and are ranked  very well in over their competitors.

The sales increased 9% in 2022 compared to the year prior which  will continue to grow in future years as the company demonstrates  strong healthy revenue and sales.  Looking at the operations side which  is quite meaningful in my opinion, the operations income wad $24.9  billion and $12.2 billion for 2021 and 2022.