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Analyze and compare Amazon.com to Netflix Amazon.com, Inc. (AMZN) is one of the largest Internet retailers in the world. Netflix, Inc. (NFLX) provides digital streaming

Analyze and compare Amazon.com to Netflix

Amazon.com, Inc. (AMZN) is one of the largest Internet retailers in the world. Netflix, Inc. (NFLX) provides digital streaming and DVD rentals in the United States. Amazon and Netflix compete in streaming and digital services; however, Amazon also sells many other products online. The cash, temporary investments, operating expenses, and depreciation expense from recent financial statements were reported as follows for both companies (in millions):

Line Item Description Amazon Netflix
Balance sheet, end of year:
Cash $36,092 $5,018
Short-term investments 18,929
Income statement:
Operating expenses 265,981 17,552
Depreciation expense 21,789 9,320

a. Determine the days cash on hand for Amazon and Netflix. Assume a 365-day year. If required, round all computations to one decimal place and use in subsequent calculations. Round final answers to one decimal place.

Line Item Description Amazon Netflix
Days Cash on Hand 75.5-incorrect 104.3 - incorrect

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