In the third quarter, what happened to the number of days Amazon takes to pay its bills? Is this a sign of Amazon’s strength or weakness?What is free cash flow? Explain how the change in Amazon’s bill payment improved its free cash flow
Is there a limit to Amazon’s ability to improve its free cash flow by changing the time it takes to pay its bills? Explain.
Unlike most firms, Amazon tends to collect from its customers before it pays its suppliers. How does this make growth easier to finance for Amazon than for most firms?