Question
Calculate Amazons current and quick ratios. Using relevant figures extracted from their 2021 financial statements, interpret what these current and quick ratios mean. Financial information
Calculate Amazons current and quick ratios. Using relevant figures extracted from their 2021 financial statements, interpret what these current and quick ratios mean. Financial information pertaining to Amazon.com Inc: Net income = $42,377 million Total Sales = $469, 822 million Total Operating expenses = $444, 943 million Inventory = $32,640 million Current assets = $132,733 million Current liabilities = $126,385 million Retained Earnings = $85, 915 million (08) QUESTION 2 [20 MARKS] 2.1 Critically discuss how profitability is suitable as
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