22. In fiscal year 2015, Walmart Stores. (WMT) had revenue of $485.65 billion, gross profit of $120.57

Question:

22. In fiscal year 2015, Walmart Stores. (WMT) had revenue of $485.65 billion, gross profit of $120.57 billion, and net income of $16.36 billion. Costco Wholesale Corporation

(COST) had revenue of $116.20 billion, gross profit of $15.13 billion, and net income of $2.38 billion.

a. Compare the gross margins for Walmart and Costco.

b. Compare the net profit margins for Walmart and Costco.

c. Which firm was more profitable in 2015?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals Of Corporate Finance

ISBN: 9780134475561

4th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

Question Posted: