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Target Corp. sells merchandise primarily through its retail stores. On the other hand, Amazon.com uses its e-commerce services, features, and technologies to sell its products
Target Corp. sells merchandise primarily through its retail stores. On the other hand, Amazon.com uses its e-commerce services, features, and technologies to sell its products through the Internet. Recent balance sheet inventory disclosures for Target and Amazon.com (in millions) are as follows:
INITIAL POST: For your initial post, answer the following questions:
- Determine the inventory turnover for Target and Amazon.com. Round to two decimal places. (Show your calculations and answers).
- Determine the days sales in inventory for Target and Amazon.com. Use 365 days and round to one decimal place. (Show your calculations and answers).
- Interpret (Discuss) your results. The minimum word count for Q3 is 100 words. Record your word count at the bottom of your initial post.
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