Homework Answers
Solution a:
Fixed assets turnover ratio = Sales / Average book value of fixed assets
Amazon = $88,988 / $13,958 = 6.4
Netflix = $5,505 / $142 = 38.8
Solution b:
Netflix company is more efficient in generating sale from fixed assets.
Solution c:
Netflix fixed asset turnover ratio is higher than Amazon, it means netflix is making higher sales per dollar of fixed assets invested as compared to amazon.
Add Answer to:
Continuing Company Analysis-Amazon: Fixed asset turnover ratio Amazon.com, Inc. is the world's leading Internet retailer of...
Print tem Calculator Continuing Company Analysis-Amazon: Fixed asset turnover ratio Amazon.com, Inc. is the world's leading...
Print tem Calculator Continuing Company Analysis-Amazon: Fixed asset turnover ratio Amazon.com, Inc. is the world's leading Internet retailer of merchandise and media. Amazon also designs and sells electronic products, such as e-readers Netflx, Inc. is the world's leading Internet television network. Both companies çompete in the digital media and streaming space. However, Netflix is more narrowly focused in the digital streaming business than is Amazon, Sales and average book value of foced assets information (in millions) are provided for Amazon...
Continuing Company Analysis-Amazon: Asset turnover ratio ADM 1 Amazon.com, Inc. is one of the largest Internet reta...
Continuing Company Analysis-Amazon: Asset turnover ratio ADM 1 Amazon.com, Inc. is one of the largest Internet retailers in the world. Netflix, Inc. provides digital streaming and DVD rentals in the United States. Amazon REAL WORLD 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 $88,988 $5,505 Total revenues (sales) Total assets:...
answer all blank Asset Traded for Similar Asset A printing press priced at a fair market...
answer all blank
Asset Traded for Similar Asset A printing press priced at a fair market value of $373,100 is acquired in a transaction that has commercial substance by trading in a similar press and paying cash for the difference between the trade-in allowance and the price of the new press . Assuming that the trade-in allowance is $164,200, what is the amount of cash given? b. Assuming that the book value of the press traded in is $147,800, what...
Continuing Company Analysis—Amazon: Accounts receivable turnover and number of days' sales in receivables Amazon.com is one...
Continuing Company Analysis—Amazon: Accounts receivable turnover
and number of days' sales in receivables
Amazon.com is one of the largest Internet
retailers in the world. Best Buy, Inc. is a
leading retailer of consumer electronics and media products in the
United States. Amazon and Best Buy compete in similar markets;
however, Best Buy sells through both traditional retail stores and
the Internet, while Amazon sells only through the Internet. Sales
and accounts receivable information for both companies for a recent
period...
Continuing Company Analysis- Amazon: Accounts receivable turnover and number of days' sales in receivables REAL WORLD...
Continuing Company Analysis- Amazon: Accounts receivable turnover and number of days' sales in receivables REAL WORLD Amazon.com is one of the largest Internet retailers in the world. Best Buy, Inc. is a leading retailer of consumer electronics and media products in the United States. Amazon and Best Buy compete in similar markets: however, Best Buy sells through both traditional retail stores and the Internet, while Amazon sells only through the Internet. Sales and accounts receivable information for both companies for...
Continuing Company Analysis-Amazon: Short-term liquidity analysis ADM-1 Amazon.com, Inc. is one of the largest Inte...
Continuing Company Analysis-Amazon: Short-term liquidity analysis ADM-1 Amazon.com, Inc. is one of the largest Internet retailers in the world. Best Buy, Inc. is a leading retailer of consumer electronics and media products in the United States. Amazon and Buy compete in similar markets; however, Best Buy sells through both traditional retail stores and the Internet, while Amazon sells only through the Internet. Current asset and current liability information from recent financial statements are as follows (in millions): Best Best Buy...
Continuing Company Analysis—Amazon and Walmart: Earnings per share Amazon.com, Inc. is one of the largest Internet...
Continuing Company Analysis—Amazon and Walmart: Earnings per share Amazon.com, Inc. is one of the largest Internet retailers in the world. Walmart is the largest retailer in the United States. Amazon and Walmart compete in similar markets; however, Walmart sells through both traditional retail stores and the Internet, while Amazon sells only through the Internet. Earnings and common stock outstanding information was obtained from recent financial statements for both companies as follows (in millions): Amazon Walmart Net income (loss) $(241) $16,363...
Comcast, Google, and Walmart: Fixed asset turnover ratio The following table shows the sales and average book value...
Comcast, Google, and Walmart: Fixed asset turnover ratio The following table shows the sales and average book value of fixed assets for three different companies from three different industries for a recent year: Average Book Sales (in Value of Fixed Assets Company (Industry) millions) (in millions) Comcast Corporation (communications) $64,657 $28,536 Google Inc. (Internet) 14,189 59,825 Walmart Stores, Inc. (retail) 117,294 474,259 a. For each company, determine the fixed asset turnover ratio. (Round to one decimal place.) Comcast: Google: Walmart:...
Burnt Red Company Balance Sheet December 31, 20Y2 Assets Total current assets $350,000 Replacement Cost A...
Burnt Red Company Balance Sheet December 31, 20Y2 Assets Total current assets $350,000 Replacement Cost Accumulated Depreciation Book Value Property, plant, and equipment: Land $250,000 $50,000 $200,000 Buildings 450,000 160,000 290,000 Factory equipment 375,000 140,000 235,000 Office equipment 125,000 60,000 65,000 Patents 90,000 Goodwill 60,000 10,000 50,000 Total property, plant, and equipment $1,350,000 $420,000 $930,000 1. Fixed assets should be reported at 2. Land 3. Patents and goodwill should be 4, Goodwill should be Calculator eBook Chapter 10 Burnt Red...
ADM 1 Continuing Company Analysis-Amazon and Walmart: Earnings per share Amazon.com, Inc. is one of the...
ADM 1 Continuing Company Analysis-Amazon and Walmart: Earnings per share Amazon.com, Inc. is one of the largest Internet retailers in the world. Walmart is the largest retailer in the United States. Amazon and Walmart compete in similar REAL WORLD markets; however, Walmart sells through both traditional retail stores and the Internet, while Amazon sells only through the Internet. Earnings and common stock outstanding information was obtained from recent financial statements for both companies as follows (in millions): Amazon Walmart Net...
Print tem Calculator Continuing Company Analysis-Amazon: Fixed asset turnover ratio Amazon.com, Inc. is the world's leading Internet retailer of merchandise and media. Amazon also designs and sells electronic products, such as e-readers Netflx, Inc. is the world's leading Internet television network. Both companies çompete in the digital media and streaming space. However, Netflix is more narrowly focused in the digital streaming business than is Amazon, Sales and average book value of foced assets information (in millions) are provided for Amazon...
Continuing Company Analysis-Amazon: Asset turnover ratio ADM 1 Amazon.com, Inc. is one of the largest Internet retailers in the world. Netflix, Inc. provides digital streaming and DVD rentals in the United States. Amazon REAL WORLD 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 $88,988 $5,505 Total revenues (sales) Total assets:...
answer all blank
Asset Traded for Similar Asset A printing press priced at a fair market value of $373,100 is acquired in a transaction that has commercial substance by trading in a similar press and paying cash for the difference between the trade-in allowance and the price of the new press . Assuming that the trade-in allowance is $164,200, what is the amount of cash given? b. Assuming that the book value of the press traded in is $147,800, what...
Continuing Company Analysis—Amazon: Accounts receivable turnover
and number of days' sales in receivables
Amazon.com is one of the largest Internet
retailers in the world. Best Buy, Inc. is a
leading retailer of consumer electronics and media products in the
United States. Amazon and Best Buy compete in similar markets;
however, Best Buy sells through both traditional retail stores and
the Internet, while Amazon sells only through the Internet. Sales
and accounts receivable information for both companies for a recent
period...
Continuing Company Analysis- Amazon: Accounts receivable turnover and number of days' sales in receivables REAL WORLD Amazon.com is one of the largest Internet retailers in the world. Best Buy, Inc. is a leading retailer of consumer electronics and media products in the United States. Amazon and Best Buy compete in similar markets: however, Best Buy sells through both traditional retail stores and the Internet, while Amazon sells only through the Internet. Sales and accounts receivable information for both companies for...
Continuing Company Analysis-Amazon: Short-term liquidity analysis ADM-1 Amazon.com, Inc. is one of the largest Internet retailers in the world. Best Buy, Inc. is a leading retailer of consumer electronics and media products in the United States. Amazon and Buy compete in similar markets; however, Best Buy sells through both traditional retail stores and the Internet, while Amazon sells only through the Internet. Current asset and current liability information from recent financial statements are as follows (in millions): Best Best Buy...
Comcast, Google, and Walmart: Fixed asset turnover ratio The following table shows the sales and average book value of fixed assets for three different companies from three different industries for a recent year: Average Book Sales (in Value of Fixed Assets Company (Industry) millions) (in millions) Comcast Corporation (communications) $64,657 $28,536 Google Inc. (Internet) 14,189 59,825 Walmart Stores, Inc. (retail) 117,294 474,259 a. For each company, determine the fixed asset turnover ratio. (Round to one decimal place.) Comcast: Google: Walmart:...
Burnt Red Company Balance Sheet December 31, 20Y2 Assets Total current assets $350,000 Replacement Cost Accumulated Depreciation Book Value Property, plant, and equipment: Land $250,000 $50,000 $200,000 Buildings 450,000 160,000 290,000 Factory equipment 375,000 140,000 235,000 Office equipment 125,000 60,000 65,000 Patents 90,000 Goodwill 60,000 10,000 50,000 Total property, plant, and equipment $1,350,000 $420,000 $930,000 1. Fixed assets should be reported at 2. Land 3. Patents and goodwill should be 4, Goodwill should be Calculator eBook Chapter 10 Burnt Red...
ADM 1 Continuing Company Analysis-Amazon and Walmart: Earnings per share Amazon.com, Inc. is one of the largest Internet retailers in the world. Walmart is the largest retailer in the United States. Amazon and Walmart compete in similar REAL WORLD markets; however, Walmart sells through both traditional retail stores and the Internet, while Amazon sells only through the Internet. Earnings and common stock outstanding information was obtained from recent financial statements for both companies as follows (in millions): Amazon Walmart Net...
Most questions answered within 3 hours.
-
3) What are the typical social structures in a global city?
asked 2 hours ago -
Luther Corporation
Consolidated Balance Sheet
December 31, 2019 and 2018 (in $ millions)
Assets
2019
2018...
asked 2 hours ago -
(Expected rate of return and risk) Carter Inc. is evaluating a
security. Calculate the investment’s expected...
asked 5 hours ago -
What specific indicators can point to lack of progress for
African Americans in American society?
asked 6 hours ago -
1-The Electrons in a beam are moving at 2.7×108 m/s in an
electric field of 15000...
asked 6 hours ago -
A gas tank is a vertical cylinder. It has a radius of 1m, a
height of...
asked 7 hours ago -
Accent Software faces the following conditions. All of these
support Accent’s use of a market-penetration pricing...
asked 8 hours ago -
A mathematically inclined friend emails you the following
instructions: "Meet me in the cafeteria the first...
asked 8 hours ago -
A monopoly sells in two countries . The demand curves in the two
countries are p1...
asked 9 hours ago -
A .15kg rubber ball is bounced off a wall. Before hitting the
wall, the ball moves...
asked 9 hours ago -
A manufacturing company preparing to build a new plant is
considering three potential locations for it....
asked 9 hours ago -
B. If compound Y has approximately the same values of solubility
in toluene as compound X,...
asked 10 hours ago