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Calculate the followings 2020 and 2021 ratios from Walmart Annual report posted State the ratios and formula and then the calculations. A) Gross Margin Ratio

Calculate the followings 2020 and 2021 ratios from Walmart Annual report posted State the ratios and formula and then the calculations.

A) Gross Margin Ratio

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Consolidated Statements of Income Fiscal Years Ended January 31, 2021 2020 2019 $ $ $ 555,233 3,918 559,151 $19,926 4,038 523.964 510,329 4,076 $14,405 420,315 116,288 22,548 394,605 108,791 20,568 385 301 107,147 21,957 (Amounts in millions, except per share data) Revenues: Net sales Membership and other income Total revenues Costs and expenses: Cost of sales Operating, selling, general and administrative expenses Operating income Interest: Debt Finance, capital lease and financing obligations Interest income Interest, net Other (gains) and losses Income before income taxes Provision for income taxes Consolidated net income Consolidated net income attributable to noncontrolling interest Consolidated net income attributable to Walmart 2,262 1,975 337 1,976 339 (121) 2,194 (210) 20,564 6,858 13,706 (196) 13,510 (189) 2,410 an (1,958) 20,116 4.915 15,201 (320) 14,881 (217) 2,129 8,368 11,460 4,281 7,179 (509) 6,670 $ Net income per common share: Basic net income per common share attributable to Walmart Diluted net income per common share attributable to Walmart s 4.77 4.75 SS 2.28 5.22 519 2/26 common shares outstanding: Weighted averag Basic Diluted 2.831 2.847 2.850 2.868 2.929 2945 Dividends declared per common share 26 $ 22 2.08 See coconipanying notes

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