Week 1 Discussion – Financial Statements

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Please respond to the following:

  • Introduce
    yourself to your peers by sharing something unique about your
    background. Explain how you expect this course will help you move
    forward in your current or future career.
  • 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.
    • 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.

Be sure to respond to your classmate’s (Ebony) post below:

Part 1

Hello, I am Ebony Jones. I’m a dedicated Postal Worker and Store
Manager. Every year I set Goals for myself to exceed. This year’s goal
was getting into the master’s program and furthering my education. I
look to gain informational knowledge and great experiences from this
program. When obtaining my master’s, I plan to climb the ladder at my
current job and take all the skill sets and knowledge obtained and be
great in my work field .

Part 2

Amazon stock will still be growing in five years. Amazon’s leadership
role in e-commerce has stoked both revenue growth and deep fear across
the retail industry. For the next five years, analysts forecast that
Amazon’s profits will average 34% growth. This is an impressive growth
rate for such a large company. Also, according to the Rule of 72, this
would point to a doubling of earnings every 2.12 years, or more than
twice in a five-year period.

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