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ADM-1 Continuing Company Analysis-Amazon: Fixed asset tunover ratio Amazon.com, Inc. is the world's leading Internet retailer of merchandise and media. Amazon REAL WORL also designs
ADM-1 Continuing Company Analysis-Amazon: Fixed asset tunover ratio Amazon.com, Inc. is the world's leading Internet retailer of merchandise and media. Amazon REAL WORL also designs and sells electronic products, such as e-readers. Netflix, Inc. is the world's leading Internet television network. Both companies compete in the digital media and streaming space. However, Netflix is more narrowly focused in the digital streaming business than is Amazon. Sales and average book value of fixed assets information (Gin millions) are provided for Amazon and Netflix for a recent year as follows: Netlix Amazon 88,988 $5,505 Sales 13,958 142 Average book value of fixed assets A. Compute the fixed asset turnover ratio for each company. (Round to one decimal place.) B. Which company is more efficient in generating sales from fixed assets? C. Interpret your results
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