The financial statements of Amazon.com, Inc. are presented in Appendix D. Click here to view Appendix D. Financial statements for Wal-Mart Stores, Inc. are presented in Appendix E. Click here to view Appendix E. (a) Based on the information in the financial statements, compute these values for each company for the most recent year. (Round answers to 1 decimal place, e.g. 15.2.) (1) Inventory turnover. (Use cost of sales and inventories.) (2) Days in inventory. Amazon.com, Inc. is the world's largest online retailer. It also produces consumer electronicsnotably the Kindle e-book reader and the Alexa digital assistant in its Echo speakers-and is a major provider of cloud computing services. The following are Amazon's financial statements as presented in the company's 2016 annual report. The complete annual report, including notes to the financial statements, is available at the company's website. AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions) AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except per share data) AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (in millions) AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (in millions) Year Ended December 31 See accompanying notes to consolidated financial statements. AMAZON.COM, INC. CONSOLIDATED BALANCE SNEETS (in millions, except per share data) AMAZON.COM, INC. CONSOI.IDATED RAI.ANCE SHEETS AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (in millions) CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (in millions) Bi Specimen Financial Statements: Wal-Mart Stores, Inc. The following are Waif-Mart Stores, Inc.'s financial statements as presented in the company's annual report for the year ended January 31,2017 . The complete annual report, including notes to the financial statements, is available at the company's website. Wal-Mart Stores, Inc. Consolidated Statement of Income Wal-Mart Stores, Inc. Consolidated Statement of Comprehensive Income See occomponing notes Wal-Mart Stores, Inc. Consolidated Balance Sheets Wal-Mart Stores, Inc. Consolidated Statements of Cash Flow Wal-Mart Stores, Inc. Consolidated Statements of Cash Flow CasMm Income from continuing operations 14,29315,08016,814 Adjustments to reconcile income from continuing operations to net cash provided by operating activities: Depreciation and amortization Deferred income taves Other operating activities Changes in certain assets and liablities, net of effects of acquisitions: Receivables, net Inventories Accounts payable Accoued labilities Accrued income taves Net cast provided by operating activities 10,0807612069,454(672)1,4109,173(503)785 Cash flows from investing activities: Payments for property and equipment. Proceeds fiom the disposal of property and equipment Proceeds from the disposal of certain operations Purchase of avaltable for sale secunties imverment and business acquistions, net of cash acquired Other investing activities Net cash used in irvesting activites (402)1,0213,9421,13749231,530(19)(703)20081,303(472)27,389(569)(1,229)2,6781,24916628,564 Cash flows from financing activities: Net diange in shorterm borrowings Proceeds from issunce of long-tem debt Payments of long-term debt Dividends paid Purchse of Company stock D.vidends puid to noncontolling interest. Purchase of noncontrolling interest Other financing activiles Net carh used in finuncing acovies thect dexchange rites on cash and essh equivients the incesse (decresel in cash and cath equwalents Cach and canh equivelents at begining dyeer Cish and cath equiwens at end of yeat (10,619)456662(1,901)(2,463)(122)(13,987)(11,477)635246(79)(10,675)(12.174)570671(192)(11,129) Supplemental disdowne of cash flow inf formation: income taies paid inverest paid