Discuss Amazon's future prospects. Do you think Amazon will ever be consistently profitable?
What will be an ideal response?
In 2015, Amazon finally began to show investors and analysts what they had been waiting years to see–signs of long-term profitability. The company reported a $92 million profit in the second quarter of 2015, up from a $126 million loss over the same period in 2014. North American sales, particularly in electronics and general merchandise, spurred the strong quarter, and Amazon's projections indicate that this growth is likely to continue throughout the year and beyond. The profitability of its AWS unit is also a major positive for Amazon, and that segment showed continued rapid growth. Amazon Prime is also a key component of the company's strong performance. Overall, over the first six months of 2015, Amazon registered over $45 billion in sales, up over 17% from the $39 billion logged during the same period the previous year. While the company continues to spend heavily on future products and services, Amazon at last appears to have turned the corner to profitability.
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Discuss the accountant's role in data modeling and potential problems caused by anomalies
A corporation has 60,000 shares of $25 par value stock outstanding that has a current market value of $120. If the corporation issues a 5-for-1 stock split, the number of shares outstanding will be:
A) 60,000 B) 10,000 C) 300,000 D) 30,000
Which of the following is NOT a necessary element in forming a contract?
A) Consideration B) Legality C) Fairness D) Capacity E) Consensus
Fujisawa is Japan's seventh-largest pharmaceutical company. It sells drugs for organ transplant patients to increase the probability the new organ will operate efficiently and not be rejected. Currently, the only products Fujisawa makes are these organ transplant drugs, which it sells worldwide. Its patents protect it from competitors. Fujisawa has a:
A. brand name advantage B. niche competitive advantage C. cost competitive advantage D. marketing competitive advantage E. complete competitive advantage