Question: Analyze and compare Amazon.com to Netflix Amazon.com, Inc. (AMZN) is one of the largest Intemet retallers in the world. Netflix, Inc. (NFLX) provises sy a
Analyze and compare Amazon.com to Netflix Amazon.com, Inc. (AMZN) is one of the largest Intemet retallers in the world. Netflix, Inc. (NFLX) provises sy a other products online. The cash, temporary investments, operating expenses, and depreciatson expense from recert tressit statements were reported as follows for both companies (in millions): a. Determine the days' cash on hand for Amazon and Nethix, Round all calculations to one deciral piace. b. With regard to the cash on hand which of these statements is correct? 1. Netfiix appears to have greater cash liquidity to support its operations. 2. Amazon appears to have greater cash liquidity to support its operations. 3. There is no significant difference in the days' cash on hand between the two companies. 4. Greater cash liquidity means the business is highly profitable
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