MAD $11-1$ Analyze and compare

Amazon.com and Walmart

Obj. $4$

Amazon.com, Inc. $($AMVAN$)$ is one of the largest Internet retailers in the world. Walmart Inc. $($WMT$)$ is the largest retailer in the United States. Amazon and Walmart compete in similar markets; however, Walmart sells through both traditional retail stores and the Internet, while Amazon sells only through the Internet. Interest expense and income before income tax expense from the financial statements of both companies for two recent years follow $($in millions$)$:

$\backslash$table$[[,$Amazon,Walmart$],[,$Year $2,$Year $1,$Year $2,$Year $1],[$Interest expense,$$1,600,$$$1,417,$$$2,262,$$$1,975$