Changes in operating assets and liabilities Question
Hi,
I am working on Amazon's valuation, bases on annual report 10-K year 2017, and a issue called my attention. The changes in operating assets and liabilities do not match to the variation we see on the balance sheet.
For instance: Change in investories on the Cash flows statement (2017): -3.583. Inventories on the balance sheet: 16.047 (2017) and 11.461(2016).....When we do the math, the change in invetories should be: - 4.586.
Why is that? If there is any adjustment, can we find it on the 10k?
Autem adipisci omnis id temporibus quis vero dolor. Fugiat necessitatibus qui omnis consequuntur illo error.
Omnis natus dolorem praesentium distinctio. Placeat et ad iure sunt ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...