TASK 2 Study the ratios you have calculated, the financial and background information of Amazon.com, and the average ratios for the Consumer Discretionary sector as presented below: Sector Average ratios 2020 2021 Gross profit margin 33.3 37.4 Operating profit margin 0.6 5.3 Return on equity 1.2 15.7 Inventory turnover period 4.4 4.8 Average settlement period (Accounts receivable) 15.22 16.31 Asset turnover 0.97 1.05 Current ratio 1.57 1.68 Quick ratio 1.05 1.20 Interest coverage ratio 1.71 1.42 Debt to equity ratio 2.51 4.85 *Consumer Discretionary is the sector in which Amazon.com is classified, and its average ratios are calculated using all the ratios of the companies in the sector, including Amazon.com. (Data from Financial Ratios Industry Level, Wharton Research Data Services) Write an essay of not more than 400 words on the analysis of the profitability, efficiency, liquidity and solvency of Amazon.com for the years 2020 and 2021. In your analysis, include: a. A discussion of the trend of each set of the ratios from 2020 to 2021. Include in your explanation a general reason for the change for each set. (8 marks) b. A description of a broad comparison between Amazon.com's profitability, efficiency, liquidity and solvency ratios and the Consumer Discretionary average ratios for the 2 years. (4 marks) c. Based on your analysis in (a) and (b), make a conclusion on the overall performance of Amazon.com from 2020 to 2021. (3 marks) (Total: 15 marks)