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Data Analysis Financial Statement Basics The Balance Sheet Balance Sheet Assessment

I am totally lost here

Here is a picture of Amazon’s Balance sheet for year end 2016 and 2017. What current liability or current asset line item has the lowest book value in 2017? The Accrued expenses and other line item has the lowest book value in 2017.

1 Answer

Steven Parker
Steven Parker
229,952 Points

"Current assets" are listed under "Assets" at the top of the sample report, and "Current liabilities" under "Liabilities and Sthockholders' Equity" a bit more than halfway down. I found the smallest amount among the 3 items in the liabilities.

I did, however, have a technical issue with this question. If you enter the item name with the capitalization shown, it gets rejected yet marked both right and wrong at the same time. But it was accepted when entered in all lower case.

Thank you let me try lowercase

Steven Parker
Steven Parker
229,952 Points

Munyaradzi Mafa Chibi — If it resolves your issue, you can mark the question solved by choosing a "best answer".
And happy learning!