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Expand Your Critical Thinking 8-3 The financial statements of Amazon.com, Inc. are presented in Appendix D Click here to view Appendix D. Financial statements of

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Expand Your Critical Thinking 8-3 The financial statements of Amazon.com, Inc. are presented in Appendix D Click here to view Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E. Based on the information contained in these financial statements, compute the following values for each company for the most recent fiscal year. (Round answers to 1 decimal place, e.g. 15.2.) (1) Accounts receivable turnover. (For Amazon.com, use "Net product sales." Assume all sales were credit sales.) (2) Average collection period for accounts receivable Amazon.com Wal-Mart stores Accounts receivable turnover times times Average collection period days Expand Your Critical Thinking 8-3 The financial statements of Amazon.com, Inc. are presented in Appendix D Click here to view Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E. Based on the information contained in these financial statements, compute the following values for each company for the most recent fiscal year. (Round answers to 1 decimal place, e.g. 15.2.) (1) Accounts receivable turnover. (For Amazon.com, use "Net product sales." Assume all sales were credit sales.) (2) Average collection period for accounts receivable Amazon.com Wal-Mart stores Accounts receivable turnover times times Average collection period days

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