Focusing on the liquidity and associated ratios, write a report to the President of Amazon highlighting key financial matters that he should be attentive to.

Though sales are increasing from year to year, the President of Amazon is concerned because his competitors are taking the market share. You have been asked to analyze Amazon's financial information. The following information has been provided to you from the annual financial statements: 2020 2019 2018 2017 2016 (all values in $) Net Sales COGS (cost of goods sold) Closing Gross Receivables Closing Inventory 298,000 256,000 213,000 165,000 135,000 125,000 108,000 89,000 69,000 57,000 26,000 26,000 25,000 25,000 23,000 24,000 18,000 12,000 8,000 4,000 52,000 46,000 39,000 37,000 32,000 24,000 23,000 22,000 21,000 18,000 Total Current Assets Total Current Liabilities