Analyze and compare Amazon.com to Target Amazon.com, Inc. (AMZN) is one of the largest Internet retailers...

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Analyze and compare Amazon.com to Target Amazon.com, Inc. (AMZN) is one of the largest Internet retailers in the world. Target Corporation (TGT) is one of the largest value-priced general merchandisers operating in the United States. Target sells through nearly 1,800 brick-and-mortar stores and through the Internet. Amazon and Target compete for customers across a wide variety of products, including media, general merchandise, apparel, and consumer electronics. Cost of goods sold and inventory information from a recent annual report are provided for both companies as follows (in millions): Amazon Target Cost of goods sold $71,651 $51,997 Inventories: Beginning of year 8,299 End of year 10,243 8,282 8,601 a. Compute the inventory turnover for both companies. Round all calculations to one decimal place. Inventory Turnover Amazon.com Target b. Compute the number of days' sales in inventory for both companies. 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. Amazon.com Target Number of Days' Sales in Inventory days days Analyze and compare Amazon.com to Target Amazon.com, Inc. (AMZN) is one of the largest Internet retailers in the world. Target Corporation (TGT) is one of the largest value-priced general merchandisers operating in the United States. Target sells through nearly 1,800 brick-and-mortar stores and through the Internet. Amazon and Target compete for customers across a wide variety of products, including media, general merchandise, apparel, and consumer electronics. Cost of goods sold and inventory information from a recent annual report are provided for both companies as follows (in millions): Amazon Target Cost of goods sold $71,651 $51,997 Inventories: Beginning of year 8,299 End of year 10,243 8,282 8,601 a. Compute the inventory turnover for both companies. Round all calculations to one decimal place. Inventory Turnover Amazon.com Target b. Compute the number of days' sales in inventory for both companies. 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. Amazon.com Target Number of Days' Sales in Inventory days days