John Spaid is an accomplished financial and accounting executive with nearly 30 years of professional experience in executive management, public company finance, accounting, mergers & acquisitions, information technology and leadership. Spaid received an MBA from the Ross School of Business at the University of Michigan, and was most recently the senior vice president of financial planning for Emeritus Senior Living (NYSE:ESC).
Amazon.com (AMZN) provides more information about its capitalized leases in its third-quarter earnings report, but it's still not providing enough.
Amazon's confusing accounting for its Amazon Web Services Business suggests that its return on invested capital is much higher than it actually is.
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