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Amazon.com, Inc. is the worlds leading Internet retailer of merchandise and media. Amazon also designs and sells electronic products, such as e-readers. Netflix, Inc. is

Amazon.com, Inc. is the worlds leading Internet retailer of merchandise and media. Amazon also designs and sells electronic products, such as e-readers. Netflix, Inc. is the worlds 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 (in millions) are provided for Amazon and Netflix for a recent year as follows:

Amazon Netflix
Sales $232,887 $15,794
Average book value of fixed assets 55,332 369

a. Compute the fixed asset turnover ratio for each company. Round to one decimal place.

Fixed Asset Turnover Ratio
Amazon fill in the blank 1
Netflix fill in the blank 2

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