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How do I calculate the following for Walmart - Gross profit margin and Net profit margin Ratios (two years for the company) Please help! Chegg
How do I calculate the following for Walmart - Gross profit margin and Net profit margin
Ratios (two years for the company) Please help! Chegg wont let me post the information for these.
(Amounts in millions, except per share data) | 2020 | 2019 | 2018 | |||||
Revenues: | ||||||||
Net sales | $ 519,926 | $ 510,329 | $ 495,761 | |||||
Membership and other income | 4,038 | 4,076 | 4,582 | |||||
Total revenues | $ 523,964 | $ 514,405 | $ 500,343 | |||||
Costs and expenses: | ||||||||
Cost of sales | $ 394,605 | $ 385,301 | $ 373,396 | |||||
Operating, selling, general and administrative expenses | 108,791 | 107,147 | 106,510 | |||||
Operating income | 20,568 | 21,957 | 20,437 | |||||
Interest: | ||||||||
Debt | 2,262 | 1,975 | 1,978 | |||||
Finance, capital lease and financing obligations | 337 | 371 | 352 | |||||
Interest income | (189) | (217) | (152) | |||||
Interest, net | 2,410 | 2,129 | 2,178 | |||||
Loss on extinguishment of debt | - | - | 3,316 | |||||
Other (gains) and losses | (1,958) | 8,368 | - | |||||
Income before income taxes | 20,116 | 11,460 | 15,123 | |||||
Provision for income taxes | 4,915 | 4,281 | 4,600 | |||||
Consolidated net income | 15,201 | 7,179 | 10,523 | |||||
Consolidated net income attributable to noncontrolling interest | (320) | (509) | (661) | |||||
Consolidated net income attributable to Walmart | 14,881 | 6,670 | 9,862 |
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