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Use the information below for all of the following questions. The two largest retailers in the United States are Amazon and Wal-Mart. While both are

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Use the information below for all of the following questions. The two largest retailers in the United States are Amazon and Wal-Mart. While both are taking active steps to become more like the other, (i.e. Amazon is opening standalone stores and placing Amazon Hub Lockers in more locations. Wal-Mart is trying to grow the number of sales it completes online) the main method of delivering product to customers is very different. Walmart encourages consumers to visit the retailer at one of its 4,743 stores domestically to buy goods. Amazon ships product from one of its 110 active fulfillment centers in the United States. The sheer difference in the number of Walmart stores versus Amazon fulfillment centers most likely helps explain a difference in inventory investment between the two retailers (although there could be other drivers too). Using figures from the most recent balance sheets and income statements of the two retail behemoths, calculate the Gross Margin and Inventory Turnover values for both companies. "While the Fiscal Years do not match the exact timeframe, assume we are comparing the retailers over the same time period. Amazon Walmart

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