Question: Make a Decision Days' Cash on Hand Obj. 8 Inc. (NFLX) provides digital streaming and DVD rentals in the United States. Amazon flix MAD 7-1
Make a Decision Days' Cash on Hand Obj. 8 Inc. (NFLX) provides digital streaming and DVD rentals in the United States. Amazon flix MAD 7-1 Analyze and compare Amazon.com to Netflix Amazon.com, Inc. (AMZN) is one of the largest Internet retailers in the world. N and Net- her products compete in streaming and digital services; however, Amazon also sells man online. The cash, temporary investments, operating expenses, and depreciation expense from recent financial statements were reported as follows for both companies (in millions): y ot Amazorn Netflix Balance sheet, end of year: Cash Short-term investments $ 19,334 6,647 $1,468 266 Income statement: Operating expenses Depreciation expense 131,801 8,116 8,451 4,925 Determine the days' cash on hand for Amazon and Netflix. Round all calculations to one decimal place. a. b. Interpret the results
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