Question
In fiscal year 2018, Wal-Mart Stores (WMT) had revenue of $514.41 billion, gross profit of $129.10 billion, and net income of $6.67 billion. Costco Wholesale
In fiscal year 2018, Wal-Mart Stores (WMT) had revenue of $514.41 billion, gross profit of $129.10 billion, and net income of $6.67 billion. Costco Wholesale Corporation (COST) had revenue of $141.6 billion, gross profit of $18.42billion, and net income of $3.13 billion.
a. Compare the gross margins for Walmart and Costco (% round to 2 decimal places).
b. Compare the net profit margins for Walmart and Costco (% round to 2 decimal places).
c. Which firm was more profitable in 2018?
a. Compare the gross margins for Walmart and Costco.
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter, Wajeeh Elali, Amer Al Roubaix
Arab World Edition
1408271583, 978-1408271582
