Continuing Company Analysis-Amazon: Accounts recelvable turnover and number of days' sales in receivables Amazon.com, Inc. is one of the largest Internet retallers in the world. Best Buy, Inc. is a leading retailer of consumer electronics and media products in the United States. Amazon and Best Buy compete in similar markets; however, Best Buy sells through both traditional retail stores and the Internet, while Amazon selis only through the Internet Sales and accounts receivable information for both companies for a recent period follows (in milions) Amazon Best Buy Sales Accounts receivable: Beginning of year4,7671,308 End of year 88,988 $40,339 5,612 1,280 a. Determine the accounts receivable turnover for each company. Round all calculations to one decimal place Amazon Best Buy Accounts Receivable Turnover b. Determine the number of days' sales in receivables for each company, Use 365 days and round all calculations to one decimal place. Amazon Pest Buy Number of Days' Sales in Receivables 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 rece vable into cash. 2. Amazon is more efficient than Best buy in turning accounts receivable into cash 3. Both Amazon and Best Buy are equaly efficient in turning accounts recevable 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