Question: 1.2 Calculate Amazon's current and quick ratios. Using relevant figures extracted from 108 their 2021 financial statements, interpret what these current and quick ratios mean.
1.2 Calculate Amazon's current and quick ratios. Using relevant figures extracted from 108 their 2021 financial statements, interpret what these current and quick ratios mean. Financial information pertaining to Amazon.com Inc: - Net income =$42,377 million - Total Sales =$469,822 million - Total Operating expenses =$444,943 million - Inventory =$32,640 million - Current assets =$132,733 million - Current liabilities =$126,385 million - Retained Earnings =$85,915 million
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