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Unformatted text preview: Amazon uses the report form. 2. The companys largest current asset is Cash & Cash Equivalents with the amount of $1,013,000,000.00. The largest current liability is Accounts Payable with the amount of $1,366,000,000.00. 3. Current ratios are determined with the equation current ratio equals total current assets divided by total current liabilities. Amazon has a current ratio of 1.567283951 in 2004 and a current ratio of 1.518403318 in 2005. Amazons current ratio had worsened from 2004 to 2005. 4. Amazon uses the category Fixed asset, net to report furniture, fixtures, and equipment. 5. The cost of Amazons fixed assets at December 31, 2005 was $571,000,000.00. The amount of accumulated depreciation at December 31, 2005 was $223,000,000.00. After subtracting the amount of accumulated depreciation for fixed assets from the cost of fixed assets, we end up with a book value of fixed assets at $348,000,000.00....
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