• Calculate the Operating Income for Walmart Inc. based on the following data:
  • Net Sales: $100,000,000
  • Cost of Goods Sold: $70,000,000
  • Operating Expenses: $20,000,000

• Requirement 2: Prepare a vertical analysis of Walmart Inc.'s income statement, showing each expense item as a percentage of net sales.
• Requirement 3: Compute the Gross Profit Margin for Walmart Inc. and discuss its significance in evaluating profitability.
• Requirement 4: Analyze Walmart Inc.'s inventory turnover ratio and its implications for inventory management.
• Requirement 5: Discuss Walmart Inc.'s adoption of the weighted-average cost method for inventory valuation and its impact on financial statements.