Question: Amazon.com, Inc.s financial statements are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E. Instructions for accessing and using

Amazon.com, Inc.’s financial statements are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E. Instructions for accessing and using the complete annual reports of Amazon and Wal-Mart, including the notes to the financial statements are also provided in Appendices D and E, respectively.

Instructions
(a) Based on the information contained in these financial statements, compute the following 2011 ratios for each company.
(1) Inventory turnover.
(2) Days in inventory.
(b) What conclusions concerning the management of the inventory can you draw from these data?

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a 1 Inventory turnover Amazon 37288 4992 3202 910 times 2 WalMart 335127 40... View full answer

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