Purpose of Assignment Thepurpose of this assignment is to evaluate the inventory section of twocompanies using basic comparative analysis, and to interpret the data togain insight about the company’s inventory management.Assignment Steps Write a1,050-word comparative analysis using the financial statements ofAmazon.com, Inc. presented in Appendix D, and the financial statementsfor Wal-Mart Stores, Inc., presented in Appendix E, including thefollowing: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.Thefollowing are Amazon’s financial statements as presented in thecompany’s 2014 annual report. To access Amazon’s complete annual report,including notes to the financial statements, follow these steps: Go towww.amazon.com. Select the Investor Relations link at the bottom of thepage and then select the 2014 Annual Report under Annual Reports andProxies. The Notes to Consolidated Financial Statements begin on page43.The following are Wal‐Mart Stores, Inc.’sfinancial statements as presented in the company’s 2015 annual report.To access Wal‐Mart’s complete annual report, including notes to thefinancial statements, follow these steps:Go to http://corporate.walmart.com.Select Financial Information and then Annual Reports & Proxies under the Investors tab.Select the 2015 Annual Report (Wal‐Mart’s fiscal year ends January 31).The Notes to Consolidated Financial Statements begin on page 40.I can attach images of the statements — or it says you can pull from their site.