eBook Question Content Area Analyze and compare Amazoncom to Best Buy Amazoncom 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 177866 42879 Accounts receivable Beginning of year 20816 1049 End of year 16677 1015 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 1 fill in the blank 2 b Determine the days sales in receivables for each company Assume 365 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 3 days fill in the blank 4 days c With regard to efficiency in collecting accounts receivable between the two companies which of the following statements is correct 1 Best Buy is more efficient than Amazon in turning accounts receivable into cash 2 Amazon is more efficient than Best buy in turning accounts receivable into cash 3 Both Amazon and Best Buy are equally efficient in turning accounts receivable into cash 4 Both Amazon and Best Buy are equally inefficient in turning accounts receivable into cash d What might explain the difference in the above ratios 1 Difference in the type of customers served by the two companies 2 Difference in the products sold by the two companies 3 Difference in the purchasing policies of the two companies 4 Difference in the management of funds