Comparing inventory ratios for two companies Tiffany Co. is a high-end jewelry retailer, while Amazon.com uses its e-commerce services, features, and technologies to sell its products through the Internet. Recent balance sheet inventory disclosures for Tiffany and Amazon.com (in millons) are as follows:

End-of-Period Inventory Beginning-of-Period Inventory Tiffany Co. $2,073 $1,625 Amazon.com 6,031 4,992 The cost of merchandise sold reported by each company was as follows:

Tiffany Co. Amazon.com Cost of merchandise sold $1,492 $45,971

a. Determine the inventory turnover and number of days’ sales in inventory for Tiffany and Amazon.com. Use 365 days and round to two decimal places.

b. Interpret your results.