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The financial statements of Amazon.com, Inc; are presented in Appendix D. Click Fiere to view Appendix D. Financial statements for Wal-Mart Stores, Inc, are presented in Appendix E. Click here to view Appendix E. (a) Based on the information in the financial statements, compute these values for each company for the most recent year. (Round answers to 1 decimol place, es, 15.2.) (1) Inventory turnover. (Use cost of sales and inventories.) (2) Days in inventory. Specimen Financial Statements: Amazon.com, Inc. AMAZCYACDt, IVC: - Cosor.mnted statrmints of Cavid flows Sec accompanying notes to consolidated financial statemente. AMAZON,COM, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except per share data) CONSOL.IDATED STATEMENTS OE OPERATIONS (is millions, except per shure data) See accompanying notes to concolidated financial statements. AMAZON,COM, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (in millions) Sec accompanying notes to consolidated financial statements: AMAZON.COM, INC. CONSOLIDATED BALANCE SHEETS (in millions, except per share data) December 31, ASSETS Cument assets: Cach and cash equivalents Marketable securitics Inventories Accounts receivable, net and other Total current assets* Propenty and equipment, net Goodwill Other assets Total assets HABILITIES AND STOCKHOLDERS' EOUITY Current liabilities: Accounts payable Accrued expenses and other Unearned revenue Total current liabilities Long-term debt Other long-term liabilitios Commitments and contingencies (Note 7) AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUTTY (in millions) Bulance as of Jantary 1, 2014 Net loss Oeher comprehensive income (lass) Exercive of common stock options Excess tax benefits from stuck-based compensation Stock-based compencation and issuance of Issuasce of common stock for acquisition activity Balance as of December 31,2014 Excess tax beocfits from sack-based compentation Stock-baiced compensation and issuance of employee beoefit plan stock lesuance of common stock for acquisition activity. Balance as of December 31, 2015 Wal-Mart Stores, Inc. Consolidated Statement of Income Wal-Mart Stores, Inc. -Consolidated Statement of Comprehensive Income Wat-Mart stores, Ine. Wal-Mart Stores, Inc. Consolidated Statements of Shareholders' Equity and Redeemaole Noncontrolling Interest Wal-Mart Stores, Inc. Consolidated Statements of Cash Flow Cash flows from investing acthities: Piyments for property and equipment Poceedh from the disposw of progerty and equipment froceed trom the disposil of cetain eperations Rurchase of avalable for wele secuities Cash flows from financing activities: Net change in shorterm bortowings Procecth trom issuance of iong-erm debt Payments of long-term debt Dividends paid Purchase of Compary stock Dividends padd to noncontrolling interest Purchase of noncontrolling interest Cxher firancing activities Net cash used in friancing sctivities Suppiemental disclosure of cash flow information: income tanes paid interes paid 4,5072,3513,1112,54021092433 Finsncial satements for Wal-Mart Stores, Inc are presented in Appendix E. (a) Based on the information in the financial statements, compute these values for each company for the most recent yoar, (Round ancivers to 1 decimal place, es. 15.2] (1) Inventory turnover, (Ure cost of sales and imentories) (2) Days in itryentory

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