ACC/290 Principles of Accounting I

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.