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i need help with this Compare Amazon.com to Best Buy Amazon.com, Inc. (AMZN) is one of the largest Internet retailers in the world. We will
i need help with this
Compare Amazon.com to Best Buy Amazon.com, Inc. (AMZN) is one of the largest Internet retailers in the world. We will use Amazon as a continuing company exercise to reinforce the various tools and techniques for analyzing financial statements. We will begin with the ratio of liabilities to stockholders' equity. Ratios can be used to compare companies in the same industry. For Amazon, there are a number of competitors that sell media, electronic, and other merchandise. Best Buy Inc. (BBY) is one such company. The following total liabilities and stockholders' equity information (in millions) is provided for Amazon and Best Buy for the end of a recent year: Amazon Best Buy Total assets $64,747 $13,519 Total liabilities 51,363 9,141 Total stockholders' equity 13,384 4,378 a. Compute the ratio of liabilities to stockholders' equity for each company. (Round to two decimal places) Liabilities to stockholders' equity ratio Amazon Best Buy i-hi-traditaStep by Step Solution
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