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Amazon.com, Inc.'s financial statements are presented in Appendix D. Click here to view Appendix D. Financial statements of Walmart Inc. are presented in Appendix E
Amazon.com, Inc.'s financial statements are presented in Appendix D. Click here to view Appendix D. Financial statements of Walmart Inc. are presented in Appendix E Click here to view Appendix E. The complete annual reports of Amazon and Walmart, including the notes to the financial statements, are available at each company's respective website. (a) Based on the information in these financial statements, compute the following ratios for each company for the most recent year shown. (Assume all sales are credit sales. Use "net product sales" for Amazon and "net sales" for Walmart.) (Round answers to 1 decimal place, eg. 52.5. Use 365 days for calculation) Amazon Walmart Accounts receivable turnover. times times Average collection period for receivables 47.23 days 44.98 days
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