answer questions about  AMAZON (2 pages)

1. What industry does the firm operate in? Examine the firm’s past and future position within the industry. Is it a leader? What percent market share does it hold? Describe the services and products that the firm produces.

2. Who are the company’s important managers (aka: insiders) CEO, CFO, etc.? What is their experience? Is it applicable to their current position within the firm? Are they owners of the firm’s stock/bonds? How are they compensated? Are they buyers or sellers of the firm’s stock/bonds?

3. 4. Explore the Company 10-K (Annual Report) and find its Income Statement, Balance Sheet and Statement of Cash Flows. From the firm’s financial statements, calculate the following ratios: ( Show calculations and indicate year)
A. Firm Liquidity

1. Current Ratio

2. Acid-Test Ratio

3. Average Collection Period

4. Accounts Receivable Turnover

5. Inventory Turnover

Fucciani Fashions, Inc., is in the formal wear clothing industry. The corporate tax rate is 21 percent. The CEO has proposed a new venture. The project requires an initial outlay of $785,000 and is expected to result in a $93,000 cash inflow at the end of the first year. The project will be financed at the company’s target debt-equity ratio. Annual cash flows from the project will grow at a constant rate of 5 percent until the end of the fifth year and remain constant forever thereafter. The company currently has a target debt-equity ratio of 0.40, but the industry target debt-equity ratio is 0.35. The industry average beta is 1.2. The market risk premium is 7 percent and the risk-free rate is 5 percent. Fucciani, like all other firms is this industry, can borrow at the riskless interest rate. All companies in this industry can issue debt at the risk-free rate.

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Should Fucciani invest in the project?

Which of the following scenarios is inconsistent with a semistrong-efficient market?

Multiple Choice

• A. Veeva's CEO sold 100,000 shares of the company on Apr 1, 2017 for $56 per share. On Apr 6, Veeva reported disappointing operating results which caused the stock price to plummet to $40.

• B. Lyft's stock price jumped 15% from the IPO price when it started trading on Mar 28, 2019, its IPO day. The closing price was almost the same as the opening price.

• C. Netflix's stock price jumped 12 percent on the day it announced higher-than-expected growth rates in revenue. The price kept rising in the subsequent 5 trading days with a total return of 8 percent.

• D. When rumor came out on Sept 8, 2010 that Steve Jobs was hospitalized due to a heart attack, Apple's stock price plummeted by 10 percent within seconds.

1.)Who is responsible for the fair presentation of the financial statements and the integrity of the system of internal controls?

                  A. The independent registered accounting firm

                  B. The CEO and CFO

                  C. Management of the company

                  D. The Board of Directors

2.)Which of the following is NOT included in the cash flow profile?

                  A. Cash received from customers

                  B. Cash paid for inventory purchases

                  C. Free cash flows

                  D. cash used to pay dividends

3.) Which of the following is a “squeeze” in the cash flow profile

                  A. other cash flows

                  B. cash margin

                  C. other operating cash flows

                  D. other investing cash flows

4.) Which of the following is generally prepared using the indirect method:

                  A. financing activities section of the statement of cash flows

                  B. the investing section of the statement of cash flows

                  C. the operating section of the statement of cash flows

                  D. the non-operating section of the statement of comprehensive income

Adventures in Wild Life conducts tours of wildlife reserves around the world. They have recently purchased a new lodge in Adak, Alaska, utilizing a 4% mortgage from Bank of Alaska. As part of the agreement they must provide an annual report showing they are achieving a current ratio of 1.2 or better. In order to ensure they achieve this ratio, the CEO requested the CFO to reclassify the long-term debt investments into brokerage accounts to allow them to sell them soon. The adjustments were done knowing the company was not planning on selling these long-term investments. The economy took a downturn and the business saw revenues drop more than 60%.

1. Explain how the move of long-term investments to brokerage investments would change the financial statements and how this movement would affect the current ratio.
2. What information on the financial statements should have shown the bank of this movement?
3. Determine if there was fraud in this movement and the type of fraud.

i am not sure how to answer this question regarding blackberry company and technology if any one can answer it it would be a great help

C/ Some questions to consider (please do not include these actual questions in your work)...

• What proprietary innovations have they implemented or designed?

• Are these changing the market or industry as a whole?

• Who is the leader in progressive technology in their sector?

• Does their technology provide a competitive advantage over closest rivals? If so, how?

• Do suppliers and customers need to comply or bring new tech online in order to do business with the organization?

D/ Analysis –

Has the technology made a difference to their business? Anything missing from the picture? Do you think their technology was a wise investment? Why? How has the technology created a need for another piece of tech / any shortcomings? If you were suddenly CEO, what do you see as the next steps for this organization?

Below is the unadjusted trial balance for Gray Electronic Repair Services;
Gray Electronic Repair Services
Unadjusted Trial Balance
December 31, 2019

Account Title Debit Credit

Cash $ 7,480.00
Accounts Receivable 3,400.00
Service Supplies 1,500.00
Furniture and Fixtures 3,000.00
Service Equipment 16,000.00
Accounts Payable $ 9,000.00
Loans Payable 12,000.00
Mr. Gray, Capital 13,200.00
Mr. Gray, Drawing 7,000.00
Service Revenue 9,550.00
Rent Expense 1,500.00
Salaries Expense 3,500.00
Taxes and Licenses 370.00
Totals $ 43,750.00 $ 43,750.00
Assumes the following adjustments data have been done after
December, 2019
1. Supplies on hand $ 600
2. They provide a service for $2300 on account.
3. The company paid for its utility on account $800.
4. The company had accumulated depreciation $720.
5. The company buys new furniture $600.
6. They provide services to a client and receive $1500 cash immediately.
7. The company prepaid $2400 for insurance for 12 months starting from
1/1/2020.
8. The company buys new supplies for $300.
9. The company incurred rent expense for $300.
10. The company receives $800 from the client
You are required to prepare the following in worksheet format.

I. Adjusted Trail balance .
II. Income Statement .
III. Balance sheet (Financial Position) Statement .

Do the results from the Stanley Milgram experiment teach us anything about the social responsibility of corporations?