Amazon com Inc AMZN is one of the largest Internet retailers in the world Netflix...

60.1K

Verified Solution

Question

Basic Math

image

Amazon com Inc AMZN is one of the largest Internet retailers in the world Netflix Inc NFLX provides digital streaming and DVD rentals in the United States Amazon and Netflix compete in streaming and digital services however Amazon also sells many other products through the Internet The sales and total assets in millions from recent financial statements were reported as follows for both companies Amazon Netflix Total revenues sales 135 987 8 831 Total assets Beginning of year End of year 64 747 10 203 83 402 13 587 a Which of these assets are used by Netflix Inc to generate revenu a DVD content library b Distribution centers c Streaming content library d Manufacturing plant 1 a and b 2 a and c 3 a and d 4 b and c b Compute the asset turnover ratio for each company Round to two decimal places Amazon Netflix Asset turnover ratio c Which company generate sales

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students