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Calculate the following Liquidity and Efficiency ratios for Amazon.Com, Inc. for both 2017 and 2018. Provide an analysis of what these ratios reveal about Amazon.Com Inc.s liquidity and efficiency. (See pgs. 506 508 of your textbook)

Calculate the following Liquidity and Efficiency ratios for Amazon.com, Inc. for both 2017 and 2018. Provide an analysis of what these ratios reveal about Amazon.com Inc.'s liquidity and efficiency. (See pgs. 506 - 508 of your textbook) Current Ratio Acid-Test Ratio Accounts Receivable Turnover Inventory Turnover Days' Sales Uncollected Total Asset Turnover Liquidity and Efficiency Ratios 2017 2018 Current Ratio 1.04 1.10 Acid-Test Ratio 0.763 0.847 Accounts Receivable Turnover Inventory Turnover Days' Sales Uncollected 27.0 26.0 Total Assets Turnover 1.210 1.584 Sample calculations (Numbers in Millions) Current Ratio(2017) = Current Assets/ Current Llabilities = 60197 / 57883 = 1.04 Current Ratio (2018) =75101/68391 = 1.10 Acid-test ratio(2017) = Cash & cash equivalents + marketable securities current Account receivables/ Total Current Liabilities = 20522 +10464 +13164/57883 = 0.7631 Acid-test (2018) = 57927/68391 = 0.847:1 Account receivable turnover = Net credit sales / Average account receivable Inventory turnover (2017) = Cost of goods sold(cogs) /average inventory = 111934/ Days Sale uncollected (2017) = Account receivable et sales *365 = 13164/ 177866 *365 = 27.0 days Days Sale uncollected(2018) = 16677 1232887 *365 = 26.0 days Total Asset turnover(2017) = Net Sales/ Average total assets =177866/146979 = 1.210 Total Asset turnover (2018) = 232887/146979 = 1.584 Analysis of the liquidity and efficiency ratios

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