The following data (in millions) are taken from the financial statements of Wal-Mart Stores, Inc. (WMT):

a. For Walmart, determine the amount of change in millions and the percent of change rounded to one decimal place from Year 1 to Year 2 for:
1. Revenue

2. Operating expenses

3. Operating income
b. Comment on the results of your horizontal analysis in requirement (a).

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Year 2 Year 1 $ 482,130 (458,025) $ 24,105 $ 485,651 (458,504) $ 27,147 Revenue Operating expenses Operating income