Company: Amazon.com, Inc.ItemAmount (in millions)Cash and Cash Equivalents$42,122Accounts Receivable$26,505Inventory$18,874Total Current Assets$104,258Property, Plant, Equipment$60,316Total Assets$321,195Accounts Payable$72,946Short-term...

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Question

Accounting

Company: Amazon.com, Inc.

Item

Amount (in millions)

Cash and Cash Equivalents

$42,122

Accounts Receivable

$26,505

Inventory

$18,874

Total Current Assets

$104,258

Property, Plant, Equipment

$60,316

Total Assets

$321,195

Accounts Payable

$72,946

Short-term Debt

$5,500

Total Current Liabilities

$123,874

Long-term Debt

$31,816

Total Liabilities

$227,791

Total Equity

$93,404

Questions:

  1. Calculate Amazon's current ratio.
  2. Determine Amazon's quick ratio (acid-test ratio).
  3. What is Amazon’s debt to equity ratio?
  4. Compute the working capital of Amazon.
  5. If Amazon had net sales of $386,064 million and cost of goods sold of $233,307 million, what is the inventory turnover ratio?

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