Amazon.com, Inc.s financial statements are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented

Question:

Amazon.com, Inc.’s are presented in Appendix D. 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 are also provided in Appendices D and E, respectively.

Instructions
(a) Based on the information contained in these 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?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...