Tiffany Co is a high end jewelry retailer while Amazon com uses
Tiffany Co. is a high-end jewelry retailer, while Amazon.com uses its e-commerce services, features, and technologies to sell its products through the Internet. Recent balance sheet inventory disclosures for Tiffany and Amazon.com (in millions) are as follows:


The cost of merchandise sold reported by each company was as follows:


a. Determine the inventory turnover and number of days' sales in inventory for Tiffany and Amazon.com. Round to two decimal places.
b. Interpret yourresults.
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