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