P2-42 (similar to) Question Help

For fiscal year 2015, Wal-Mart Stores, Inc. (WMT) had total revenues of $ 485.65$485.65 billion, net income of $ 16.36$16.36 billion, total assets of $ 203.49$203.49 billion, and total shareholders' equity of $ 81.39$81.39 billion.

a. Calculate Walmart's ROE directly, and using the DuPont Identity.

b. Comparing with the data for Costco LOADING... , use the DuPont Identity to understand the difference between the two firms' ROEs.

a. The ROE calculated directly is

nothing%. (Round to two decimal places.)