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Analyze and compare Amazon.com and Walmart Amazon.com, Inc. (AMZN) is one of the largest Internet retailers in the world. Walmart Inc. (WMT) is the largest
Analyze and compare Amazon.com and Walmart Amazon.com, Inc. (AMZN) is one of the largest Internet retailers in the world. Walmart Inc. (WMT) is the largest retailer in the United States. Amazon and Walmart compete in similar markets; however, Walmart sells through both traditional retail stores and the Internet, while Amazon sells only through the Internet Interest expense and income before Income tax expense from the financial statements of both companies for two recent years follow (in Millions): Amazon Walmart Year 2 Year 1 Year 2 Year 1 Interest expense $1,600 $1,417 $2,262 $1,975 Income (loss) before income tax expense 13,976 11,261 20,116 11,460 a. Compute the times interest earned ratio for both companies for the two years. Round your answers to one decimal place. Amaron Walmart Year 1 Year 1 Times Interest Eamed Ratio Year 2 Year 2
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