Print tem Calculator Continuing Company Analysis-Amazon: Fixed asset turnover ratio Amazon.com, Inc. is the world's leading Internet retailer of merchandise and media. Amazon also designs and sells electronic products, such as e-readers Netflx, Inc. is the world's leading Internet television network. Both companies ompete 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 foced assets information (in millions) are provided for Amazon and Netfliox 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 foxed asset turnover ratio for eath company. (Round to one decimal place.) Amazon Netflix b. Which company is more efficient in generating sales from fored assets? Netflix e. How would you explain the dfference in the fixed assets turnover of both the companies? The difference in the ratios is dee to the fact that Amazon requires more extenslve use of fixed assets Pataly come Chack My Wok ns Previous search 956 AM 11/12/2019