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media. Amazon also designs and sells electronic products, such as e-readers Netflix, Inc. is the world's leading Internet television network. Both companies compete in the
media. Amazon also designs and sells electronic products, such as e-readers Netflix, Inc. is the world's leading Internet television network. Both companies compete in the digital media and streaming space. However, Netflix is more narrowly focused in the digital streaming business than is Amazon. Sales and average book value of fixed assets information (in millions) are provided for Amazon and Netflix for a recent year as follows: Amazon Netflix Sales $88,988 $5,505 Average book value of fixed assets 13,958 142 A. Compute the fixed asset turnover ratio for each company. (Round to one decimal place.) B. Which company is more efficient in generating sales from fixed assets? cInterpret your results
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