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PLEASE HELP . thank you Below are Amazon's most recent financial statements. Use them to answer the following questions Income Statement Dec 31, 2018 Dec
PLEASE HELP . thank you
Below are Amazon's most recent financial statements. Use them to answer the following questions Income Statement Dec 31, 2018 Dec 31, 2017 Sales $ 232,887 $ 177.866 $ Operating expenses: Cost of goods sold Fulfillment Marketing Expense Technology and content 139,156 $ 34.027 $ 111,934 25.249 $ $ 10.069 13,814 $ 28,837 $ $ 22,620 General and administrative $ 4,336 $ 3,674 Other operating expense, net $ 296 $ 214 $ $ $ 220,466 $ 173,760 Total operating expenses Operating income (loss) $ 12,421 $ 4,106 Total non-operating income (expense) $ (1,160) $ (300) Income before income taxes $ 11,261 $ 3.806 Provision for income taxes $ (1.197) $ (769) Equity-method investment activity, net of tax $ 9 $ (4) Net income $ 10,073 $ 3,033 Consolidated Balance Sheets - USD ($) Dec 31, 2018 Dec 31, 2017 $ in Millions $ $ 20.522 31.750 9,500 $ $ Current assets: Cash and cash equivalents Marketable securities Inventories Accounts receivable Total current assets Property and equipment, net Goodwill $ $ $ $ $ $ $ 10,464 16,047 13,164 60,197 48,866 13,350 17.174 16,677 75,101 61.797 14,548 11,202 162.648 $ $ $ $ Other assets $ $ 8,897 Total assets $ $ 131,310 Current liabilities: Accounts payable Accrued expenses and other $ 38.192 $ 34.616 $ 23,663 $ 18,170 Unearned revenue GA $ 5,097 6,536 68.391 $ $ 57,883 $ 24,743 $ $ 23,495 27213 $ 20.975 $ 5 $ Total current liabilities Long-term debt Other long-term liabilities Stockholders' equity: Common stock, $0,01 par value Treasury stock, at cost Additional paid-in capital Accumulated other comprehensive loss Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ $ $ $ 5 (1,837) 21,389 (484) 8,636 27.709 $ (1,837) 26,791 (1,035) 19,625 43,549 162,648 $ $ $ $ $ $ $ 131,310 $ $ Retained earings Total stockholders' equity Total liabilities and stockholders' equity $ 19,625 43,549 162,648 $ 8,636 27,709 131,310 $ S 1. What is Amazon's inventory turnover ratio for 2018? Round to two decimal points 2. What is Amazon's accounts receivable ratio for 2018? Round to two decimal points 3. How many days does it take for Amazon's to sell its inventory in 2018? Round to the nearest dayStep by Step Solution
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