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 behomeths, calculate the Days Inventory Outstanding (DIO) as well as Inventory Turnover for both companies (note: Reminder the formula in the textbook for DIO is incorrect. Please use the formula DIO = Inventory/Sales * 365 for this problem as discussed in video.) Company Amazon Company Walmart Fiscal Year 2020 (Jan 20 - Dec 20) Fiscal Year 2021 (Feb 20 - Jan 21) Inventory on- hand $ 23,795,000,000.00 Inventory on-hand $ 44,949,000,000.00 Sales Revenue (COGS) $ 386,064,000,000.00 Sales Revenue (COGS) $ 559,151,000,000.00 What was Amazon's DIO (provide your answer to two decimal places)? Question 3 What was Walmart's DIO (provide your answer rounded to two decimal places)