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Financial Accounting Assignment
Amazon is my selected company
Using the Annual Report of your selected company answer the following questions in the Discussion:
• What depreciation method does the company use for reporting in its financial statements? Why do you think they chose this method?• What was the amount of depreciation and amortization for the year end?• Compute the asset turnover ratio for the year end.• How does this ratio compare to the industry ratio? What does this tell you about the company?• What classifications of debt and/or equity security investments does the company hold?• How are the company's available-for-sale investments reported? How are the company's trading investments reported?
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Wing are several figures reported for Allister and Barone as of December 31, 2015: Allister Barone Inventory $ 530,000 $ 330,000 Sales 1,060,000 860,000 Investment income not given Cost of goods sold 530,000 430,000 Operating expenses 245,000 315,000..
Write a schedule computing the threshold for asset amounts
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