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3. The text mentions that Amazon has a negative cash conversion cycle. 1ll'll'hat does this mean? Assume Amazon's Cash Conversion Cycle is -30 days {it's

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3. The text mentions that Amazon has a negative cash conversion cycle. 1ll'll'hat does this mean? Assume Amazon's Cash Conversion Cycle is -30 days {it's actually closer to -24}. How would you calculate what this was worth to Amazon last year {F'iIr 2016}? Make whatever assumptions you feel are necessary. There is no \"right\" answer, but it is likely that some will be more reasonable than others. I would not spend more than 20 30 minutes on this question. Think about what's going on and how you might estimate the value and do a back of the envelope calculation

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