Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

On average, how many days does it take for Amazon to collect accounts receivable from customers? Estimate this using the days sales outstanding ratio formula

image text in transcribed
  1. On average, how many days does it take for Amazon to collect accounts receivable from customers? Estimate this using the days sales outstanding ratio formula = 365 (average accounts receivable total net sales for 2022).
  2. How much inventory does Amazon have on hand at year end December 31, 2022 (in millions of dollars)?
AMAZON.COM, INC. CONSOLIDATED BALANCE SHEETS AMAZON.COM, INC. CONSOLIDATED BALANCE SHEETS

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting Tools For Business Decision Making

Authors: Jerry J. Weygandt, Paul D. Kimmel, Ibrahim M. Aly, Donald E. Kieso

6th Canadian Edition

1119731828, 9781119731825

More Books

Students also viewed these Accounting questions

Question

OUTCOME 2 Describe how a training needs assessment should be done.

Answered: 1 week ago