Accounting 201 homework answers

I don’t know how to handle this Accounting question and need guidance.

ACC homework due 11/30/2018
HOMEWORK #10 Due November 30, 5 pm 10 points PART A: Using the SEC EDGAR database at https://www.sec.gov/edgar/searchedgar/companysearch.html, find the 10-K of Amazon.com, Inc. (referred to as Amazon) for the year ending December 31, 2017 (Fiscal Year 2017 or FY 2017). You can search for Amazon on EDGAR by entering its ticker symbol “AMZN”. HINT: Please use the Amazon 10-K for the year ended December 31, 2017. If you use a different 10-K you will receive a ZERO on this assignment. Complete the following questions and include them in a Word document: 1. In Item 1A Amazon discusses its risk factors. Choose two factors that you find most interesting. Discuss each of the two factors that you find most interesting (in two to three complete sentences for each factor). 2. How many outstanding shares did Amazon have at December 31, 2017? 3. Did Amazon declare any dividends for fiscal year ended December 31, 2017? Hint: See the Consolidated Statement of Stockholders’ Equity 4. Explain in one to two sentences, how Amazon accounts for sales of Amazon Prime memberships. In other words, when a customer pays for a membership, explain when the revenue recognized. You can quote the annual report for your answer. 5. Explain in two to three sentences how Amazon decides when it should record a product sale and the related costs at the gross amount versus the net amount. Again, you can quote the annual report for your answer. 6. The last time you bought something off of Amazon.com, do you believe that the revenue was reported at gross or net and why? If you haven’t bought anything off of Amazon, ask a friend what they purchased most recently and discuss whether you believe the revenue would be recorded at gross or net. 7.