Question: Analyze and compare Amazon com to Netfix. Amaron,com, Inc. (AMZN) is one of the largest Intemet retailers in the world. Netflix, Inc. (MFLX) provides digital
Analyze and compare Amazon com to Netfix. Amaron,com, Inc. (AMZN) is one of the largest Intemet retailers in the world. Netflix, Inc. (MFLX) provides digital streaming and bvo rentals in the United Sates Amazon and Netfix compcte in streaming and digital services, however, Amaron also celis many other products online. The cain, terrporary investrents; operating expenses, and depreciation expense from recent firsancial statements were reported as follows fer both companies (in milions): a. Determine the days' cash on hand for Amaz and Nesfio. Assume a 365 -day yeat. If required, round all computations to one decimal place and use in subsequent calculations. Round final answers to one decimal place. b. With regard to the cash on hand which of these statements is correct? 1. Netflix appears to have greater cash liquidity to support its operations: 2. Amaten appears to have grester cash liguidity to suppert iss operations. 3. There is no significant difference in the days' cash on hand between the twe companies. 4. Greater cash liquidity means the business is highy profiable
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