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In fiscal year 2019, Walmart Inc. (WMT) reported annual revenue of $523.96 billion, gross profit of $129.36 billion, and net income of $14.88 billion. Costco

In fiscal year

2019,

Walmart Inc. (WMT) reported annual revenue of

$523.96

billion, gross profit of

$129.36

billion, and net income of

$14.88

billion. Costco Wholesale Corporation (COST) had revenue of

$152.7

billion, gross profit of

$19.83

billion, and net income of

$3.66

billion.

a. Compare the gross margins for Walmart and Costco.

b. Compare the net profit margins for Walmart and Costco.

c. Which firm was more profitable in

2019?

Question content area bottom

Part 1

a. Compare the gross margins for Walmart and Costco.

The gross margin for Walmart is

enter your response here%.

(Round to two decimal places.)

Part 2

The gross margin for Costco is

enter your response here%.

(Round to two decimal places.)

Part 3

b. Compare the net profit margins for Walmart and Costco.

The net profit margin for Walmart is

enter your response here%.

(Round to two decimal places.)

Part 4

The net profit margin for Costco is

enter your response here%.

(Round to two decimal places.)

Part 5

c. Which firm was more profitable in

2019?

(Select from the drop-down menu.)

Walmart

Costco

was more profitable in

2019.

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