Monday, February 3, 2014

Analysis Of Amazon

Objective This pecuniary analysis on virago.com ( amazon) was conducted in found to determine if we should invest in the company. In our analysis, amazons financial statements (income statement, balance sheet and statement of notes flows) were reviewed for the gone three years (2008 2010), stock performance for the some while(prenominal) 10 years (2001 2010) as well as tonality financial ratios studyd to its industry. This analysis provides us with a basis to compare viragos historical performance with representative information in order to make our decision. Background Information Amazon.com, a Fortune calciferol company, commenced operations in July 1995 with its virtual online store, supplement the World all-inclusive Web. Founded by Jeff Bezos, Amazons prime(prenominal) goal was to be the Earths most customer-centric company (Jeff Bezos: Founder and CEO, Amazon.com), with a strong focalize on selection, price and convenience. Bezos, who studied figurer science and electrical engineering and graduated at the run of his class from Princeton University in 1986, came across a statistic that the Inter realize was developing at 2,300 part and was tempted to jump into the world of E-commerce (Jeff Bezos: Founder and CEO, Amazon.com). Bezos choose books to be Amazons first produce home as they offered a large selection (Jeff Bezos: Founder and CEO, Amazon.com). As customers began asking for more than than just books, Amazon began expanding into other product categories. Today, Amazon offers categories much(prenominal) as electronics, jewelry, business services, and operates fulfillment centers around the globe. In 2010, Amazon generated $34.2 billion in net sales, with a net income of $1.15 billion. Amazon employs approximately 33,700 full time and part time employees (Amazon.com 2010 annual Report, pg 4). Amazon, with its corporate office located in Seattle, Washington, was initially unified in 1994 in Washington State, and then it reincorporated in 1996 in! the state of Delaware. Amazon completed its initial...If you want to pop a full essay, order it on our website: BestEssayCheap.com

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