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Accounts Receivable Turnover Ratio for Amazon.com, Inc. : Calculate the accounts receivable turnover ratio for Amazon.com, Inc. for the fiscal year 2023 based on the

  1. Accounts Receivable Turnover Ratio for Amazon.com, Inc.:

Calculate the accounts receivable turnover ratio for Amazon.com, Inc. for the fiscal year 2023 based on the following information:

    • Net Credit Sales: $80,000,000
    • Beginning Accounts Receivable: $20,000,000
    • Ending Accounts Receivable: $25,000,000

Requirement: Compute the accounts receivable turnover ratio for Amazon.com, Inc. and interpret its implications for the company's efficiency in collecting receivables.

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