Question
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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