List the amount of Current Assets and Current Liabilities for the currently reported year, and for the previous year. Use these amounts to calculate the company's working capital and current ratio. **Amazon.com, Inc. Consolidated Balance Sheets**(Unaudited, in millions, except per share data)**As of December 31, 2021, and June 30, 2022**---**Assets***Current Assets:*- Cash and cash equivalents: $36,220 (2021), $37,478 (2022)- Marketable securities: $59,829 (2021), $23,232 (2022)- Inventories: $32,640 (2021), $38,153 (2022)- Accounts receivable, net and other: $32,891 (2021), $34,804 (2022)*Total Current Assets:* $161,580 (2021), $135,667 (2022)- Property and equipment, net: $160,281 (2021), $173,706 (2022)- Operating leases: $56,082 (2021), $58,430 (2022)- Goodwill: $15,371 (2021), $20,195 (2022)- Other assets: $27,235 (2021), $33,730 (2022)*Total Assets:* $420,549 (2021), $419,728 (2022)---**Liabilities and Stockholders’ Equity***Current Liabilities:*- Accounts payable: $78,664 (2021), $71,219 (2022)- Accrued expenses and other: $51,775 (2021), $56,254 (2022)- Unearned revenue: $11,827 (2021), $12,818 (2022)*Total Current Liabilities:* $142,266 (2021), $140,291 (2022)- Long-term lease liabilities: $67,651 (2021), $66,524 (2022)- Long-term debt: $48,744 (2021), $58,053 (2022)- Other long-term liabilities: $23,643 (2021), $23,458 (2022)- Commitments and contingencies*Stockholders’ Equity:*- Preferred stock ($0.01 par value; 500 shares authorized; no shares issued or outstanding)- Common stock ($0.01 par value; 100,000 shares authorized; 10,644 and 10,699 shares issued; 10

Introduction:- Ratio analysis used identify the business performance of the company. It is used to…

Answered: List the amount of Current Assets and…

List the amount of Current Assets and Current Liabilities for the currently reported year, and for the previous year. Use these amounts to calculate the company's working capital and current ratio

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

List the amount of Current Assets and Current Liabilities for the currently reported year, and for the previous year. Use these amounts to calculate the company's

working capital and
current ratio.

**Amazon.com, Inc. Consolidated Balance Sheets**

(Unaudited, in millions, except per share data)

**As of December 31, 2021, and June 30, 2022**

---

**Assets**

*Current Assets:*
- Cash and cash equivalents: $36,220 (2021), $37,478 (2022)
- Marketable securities: $59,829 (2021), $23,232 (2022)
- Inventories: $32,640 (2021), $38,153 (2022)
- Accounts receivable, net and other: $32,891 (2021), $34,804 (2022)

*Total Current Assets:* $161,580 (2021), $135,667 (2022)

- Property and equipment, net: $160,281 (2021), $173,706 (2022)
- Operating leases: $56,082 (2021), $58,430 (2022)
- Goodwill: $15,371 (2021), $20,195 (2022)
- Other assets: $27,235 (2021), $33,730 (2022)

*Total Assets:* $420,549 (2021), $419,728 (2022)

---

**Liabilities and Stockholders’ Equity**

*Current Liabilities:*
- Accounts payable: $78,664 (2021), $71,219 (2022)
- Accrued expenses and other: $51,775 (2021), $56,254 (2022)
- Unearned revenue: $11,827 (2021), $12,818 (2022)

*Total Current Liabilities:* $142,266 (2021), $140,291 (2022)

- Long-term lease liabilities: $67,651 (2021), $66,524 (2022)
- Long-term debt: $48,744 (2021), $58,053 (2022)
- Other long-term liabilities: $23,643 (2021), $23,458 (2022)
- Commitments and contingencies

*Stockholders’ Equity:*
- Preferred stock ($0.01 par value; 500 shares authorized; no shares issued or outstanding)
- Common stock ($0.01 par value; 100,000 shares authorized; 10,644 and 10,699 shares issued; 10

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