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For vertical analysis, construct the common-size income statement and common-size balance sheet by expressing each item in the shaded area on the Income Statement and
For vertical analysis, construct the common-size income statement and common-size balance sheet by expressing each item in the shaded area on the Income Statement and the Balance Sheet as a percentage of a relevant total within the same year
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Walmart Inc. \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Income Statement Horizontal Growth Rate } & \multicolumn{4}{c|}{ Income Statement Common Size Analysis } \\ \hline Y 2022 & Y 2021 & Y 2020 & Y 2019 & Y 2018 & Y 2022 & Y 2021 & Y 2020 & Y 2019 & Y 2018 \\ \hline 20220131 & 20210131 & 20200131 & 20190131 & 20180131 & 20220131 & 20210131 & 20200131 & 20190131 & 20180131 \\ \hline \end{tabular}Step by Step Solution
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