Assignment Steps Resources: Appendices D and E located in Financial Accounting: Tools for Business Decision MakingNote: While the data are not from the same year, inferences can be drawn regarding inventory management of the two companies.Write a 1,050-word comparative analysis using the financial statements of Amazon.com, Inc. presented in Appendix D, and the financial statements for Wal-Mart Stores, Inc., presented in Appendix E, including the following:Compute the 2014 values for Amazon.com and the 2015 values for Wal-Mart based on the information in the financial statements: Inventory turnover (Use cost of sales and inventories)Days of inventory Conclusions concerning the management of the inventory can you draw from this data. Show work on Excel® spreadsheet and submit with analysis.
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Chapter 6 Comparative Analysis Problem 2
Amazon.com, Inc. vs. Wal-Mart Stores, Inc.
Days in inventory:
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