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:
................................... Tiffany Co. .............. Amazon.com
Cost of merchandise sold ....... $1,492 ................... $45,971
a. Determine the inventory turnover and number of days' sales in inventory for Tiffany and Amazon.com. Use 365 days and round to two decimal places.
b. Interpret your results?

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Tiffany Co. Amazon.com End-of-Period Inventory $2,073 6,031 Beginning-of-Period Inventory $1,625 4,992