Determine the days sales in inventory for target

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Target Corp. sells merchandise primarily through its retail stores. On the other hand, Amazon.com uses its e-commerce services, features, and technologies to sell its products through the Internet. Recent balance sheet inventory disclosures for Target and Amazon.com (in millons) are as follows:

Target - cost of merchandise sold: $51,997

inventory, end of year: 8,601

inventory, beginning of year: 8,282

Amazon.com - cost of merchandise sold: $71,651

inventory, end of year: 10, 243

inventory, beginning of year: 8,299

Question 1: Determine the inventory turnover for Target and Amazon.com. Round to two decimal places.

Question 2: Determine the days' sales in inventory for Target and Amazon.com. Use 365 days and round to one decimal place.

Reference no: EM132585451

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