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Analyze and compare Amazon.com to Best Buy for a recent period follows (in millions): place. c. With regard to efficiency in collecting accounts receivable between
Analyze and compare Amazon.com to Best Buy for a recent period follows (in millions): place. c. With regard to efficiency in collecting accounts receivable between the two companies which of the following statements is correct? 1. Best Buy is more efficient than Amazon in turning accounts receivable into cash. 2. Amazon is more efficient than Best buy in turning accounts receivable into cash. 3. Both Amazon and Best Buy are equally efficient in turning accounts receivable into cash. 4. Both Amazon and Best Buy are equally inefficient in turning accounts receivable into cash. d. What might explain the difference in the above ratios? 1. Difference in the type of customers served by the two companies. 2. Difference in the products sold by the two companies. 3. Difference in the purchasing policies of the two companies. 4. Difference in the management of funds
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