Posts Tagged: online retailers

Amazon’s business surges

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

Amazon has seen a dramatic uptick in sales as people are hunkered down due to the coronavirus. Questions: As a result of this dramatic surge in sales, what does Amazon plan to do? What did Amazon warn customers on March 2? Besides Bloomberg, what other publication reported news of the projected hiring? Source: Soper, S…. Read more »

Amazon Prime Price Increase

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

Amazon.com Inc (AMZN.O) raised the monthly fee for the U.S. version of its fast-shipping and video-streaming service Amazon Prime by $2. Questions: 1. What is the goal of this price increase? 2. When was the last time Amazon raised a Prime rate? 3. What did Amazon’s price increase coincide with? 4. Approximately how many Prime… Read more »

Walmart Gaining on Amazon!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting.

According to the Washington Post, Walmart, which has worked hard to shed its image as an old-school retailer, recently offered proof that its efforts are working: Online sales rose 50 percent, the company said, as more Americans flocked to Walmart.com for everyday items. Questions: 1. After the announcement about the increase in online sales, what… Read more »