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help Analyze and compare Amazon.com to Netflix Amaron.com, Inc. (AM/N) is one of the largent lnternet retaders in the world. Netllix, Inc. (NFL.X) provides digital
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Analyze and compare Amazon.com to Netflix Amaron.com, Inc. (AM/N) is one of the largent lnternet retaders in the world. Netllix, Inc. (NFL.X) provides digital streaming and DvD rentals in the Unted States, Amatonk at expensel from recent finarvail statements were ieported as follows for both companies (in millions): a. Determune the days' cash on hand for Amazon and Nethin. Assume a 365 -day yeac. If required, roumd all computations to one decinal alace and use in subsequent calculations. Round final answers to one decimal place. a. Determine the days' cash on hand for Amaron and Netfic. Assume a 365 -day vear. II required, round all compatations to one decimat plach and ase in subseyuent calculations. Hound final answers to one decimal plice. b. With regard to the cash on hand which of these statements is correct? 1. Netflix appears to have oreater cash liquidity to support its operations. 2. Amazon appears to have greater cash liquidity to support its operations. 3. There is no signiticant difference in the days' cash on hand between the two companes? 4. Greater cash liquidity means the business is highly probitable Step by Step Solution
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