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Financial State x tps://edugern Kimmel, Financial Accounting, Be, Custom for University of Akron Hele I Svstem A RINTER Expand Your Critical Thinking 8-3 The financial
Financial State x tps://edugern Kimmel, Financial Accounting, Be, Custom for University of Akron Hele I Svstem A RINTER Expand Your Critical Thinking 8-3 The financial statements of Amazon.com, Inc, are presented in 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 credk sales.) (2) Average collection period for accounts receivable. Amazon.comWal-Mart stores Accounts receivable turnover times Average collection period days days SAVE FOR LATER Question Attempts: O of 2 used Financial State x tps://edugern Kimmel, Financial Accounting, Be, Custom for University of Akron Hele I Svstem A RINTER Expand Your Critical Thinking 8-3 The financial statements of Amazon.com, Inc, are presented in 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 credk sales.) (2) Average collection period for accounts receivable. Amazon.comWal-Mart stores Accounts receivable turnover times Average collection period days days SAVE FOR LATER Question Attempts: O of 2 used
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