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Use the information below to answer the following six questions. Selected data from Amazon.com's financial statements is presented below. Inventory, Dec. 31, 2019 20,497 Accounts

Use the information below to answer the following six questions.

Selected data from Amazon.com's financial statements is presented below.

Inventory, Dec. 31, 2019 20,497
Accounts receivable, Dec. 31, 2019

20,816

Net sales 280,552
Total liabilities 163,188
Inventory, Jan. 1, 2019 17,174
Accounts receivable, Jan 1, 2019 16,677
Gross profit 114,986
Cost of goods sold 165,536
Current liabilities 87,812
Total assets 225,248

Calculate gross profit percentage. Enter your response as a number, for example if you calculate 20%, enter 20 in the text box. Round to 1 decimal.

Calculate inventory turnover. Round to 1 decimal.

Calculate days in inventory. Round to a whole number.

Calculate accounts receivable turnover. Round to 1 decimal.

Calculate days sales outstanding. Round to a whole number

Approximately how long is Amazon.com's operating cycle in days?

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