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Predicting net income. Abbreviated income statements for Walmart, Inc. are in the popup window: Predict the net income for the period ending January 3 1
Predicting net income. Abbreviated income statements for Walmart, Inc. are in the popup window: Predict the net income for the period ending January by determining the growth rates of sales, COGS, SG&A and interest expense. Use a tax rate of Note: Enter all expenses as negative numbers.
Hint: Use the compounded growth rate method to calculate all of the growth rates.
The sales growth is Round to three decimal places.
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