Question: Analyze and compare Amazon.com to Best Buy Amazon.com, Inc. ( AMZN ) is one of the largest Internet retailers in the world. Best Buy, Inc.
Analyze and compare Amazon.com to Best Buy
Amazon.com, Inc. AMZN is one of the largest Internet retailers in the world. Best Buy, Inc. BBY is a leading retailer of consumer electronics and media products in the United States. Amazon and Best Buy compete in similar markets; however, Best Buy sells through both traditional retail stores and the Internet, while Amazon sells only through the Internet. Sales and accounts receivable information for both companies for a recent period follows in millions:
Line Item Description Amazon Best Buy
Sales $ $
Accounts receivable:
Beginning of year
End of year
a Determine the accounts receivable turnover for each company. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place.
Line Item Description Amazon Best Buy
Accounts Receivable Turnover fill in the blank
fill in the blank
b Determine the days sales in receivables for each company. Assume days in a year. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place.
Line Item Description Amazon Best Buy
Days Sales in Receivables fill in the blank
days fill in the blank
days
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