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Calculate the taxable income for Walmart Inc. based on the financial data for the fiscal year ending January 31, 2023. The company reported total revenue
Calculate the taxable income for Walmart Inc. based on the financial data for the fiscal year ending January 31, 2023. The company reported total revenue of $550,000,000, cost of goods sold amounted to $300,000,000, and operating expenses totaled $150,000,000. Additionally, depreciation expenses were $25,000,000, and interest expenses stood at $10,000,000. The corporate tax rate for Walmart Inc. is 21%.
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