Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Gross profit margin ratio: net sales- cost of goods sold/ net sales 386,064- 233,307/ 386,064= .39567= 39.6% (Amazon 2020 year) 280,522- 165,536/ 280,522= .40999= 41%

Gross profit margin ratio: net sales- cost of goods sold/ net sales

386,064- 233,307/ 386,064= .39567= 39.6% (Amazon 2020 year)

280,522- 165,536/ 280,522= .40999= 41% (Amazon 2019 year)

24.1% (Walmart year)

Write financial analysis report about comparing Walmart and Amazon

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Tools For Business Decision Making

Authors: Paul D. Kimmel

4th Canadian Edition

0470155353, 978-0470155356

More Books

Students also viewed these Accounting questions