ACC/290 Principles of Accounting I
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Resources:
Appendices D and E located in Financial Accounting: Tools for Business Decision Making
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 these 2014 values for each company 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.
Have done no later than 2pm Texas time.
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