Company is Amazon. Thank You!

1. What accounts changed for the period and how did this affect the financial analysis calculation?

2. Why did the account change during the period? Explain what business decisions may have caused the change

The date is below

Liquidity Ratios	Amazon Company
Short-Term Debt Paying Ratios	12/31/20	12/31/21	12/31/22
Working Capital	1.86	1.85	1.96
Current Ratio	3.01	3.12	2.35
Acid Test Ratio	1.92	1.86	1.28
Cash Ratio	0.95	0.70	0.86
Long-Term Solvency or Financial Leverage	12/31/20	12/31/21	12/31/22
Times Interested Earned	-14.68	21.09	0.25
Fixed Charge Coverage	-	-	-
Debt Ratio	10%	12%	15%
Debt: Equity Ratio	2.44	2.04	2.17
Asset Utilization or Turnover Ratios	12/31/20	12/31/21	12/31/22
Inventory turnover	9.80	8.34	8.40
Days Sales in Inventory	37	44	43
Receivables Turnover	15.9	14.4	12.2
Days Sales in Receivables	23	25	30
Operating Cycle	0.60	0.58	0.56
Profitability Ratios	12/31/20	12/31/21	12/31/22
Net Profit Margin Ratio	5.53%	7.10%	-0.53%
Total Asset Turnover	1.202	1.1172	1.1109
Return on Assets	6.64%	7.93%	-0.59%
Operating Income Margin	5.93%	5.30%	2.38%
Sales to Fixed Assets	-	-	-
ROE	22.84%	24.13%	-1.86%
Return on Common Equity	27.40%	28.8%.	-1.9%.
Gross Profit Margin	39.57%	42.81%	43.81%