Question 1: Walmart Inc. has different sources of revenues. How Walmart recognizes its revenue? Please find in 10-K form (Revenu Recognition) Question 2: Why U.S. statutory tax rate is 21% but Walmart's effective tax rate is 37.4%? A reconciliation of the significant differences between the U.S. statutory tax rate and the effective income tax rate on pretax income from coatiming operations is as follows: Focal Year Ended January 31, 2019 2015 2017 2101 384 IN (14 U staat UState income taxes, et offederal income tax benefit Impact of the Tax Act One-timerinta Defta effects Income taxed outside the US Disposition of Walmar Bril Valuation allowance Netpact of te weten Federal tax credit Othernet Effective income tax rate 361 07 034 6.74 15 211 (T. ( OA 08 13 10% 3*** 304 Question 1: Walmart Inc. has different sources of revenues. How Walmart recognizes its revenue? Please find in 10-K form (Revenu Recognition) Question 2: Why U.S. statutory tax rate is 21% but Walmart's effective tax rate is 37.4%? A reconciliation of the significant differences between the U.S. statutory tax rate and the effective income tax rate on pretax income from coatiming operations is as follows: Focal Year Ended January 31, 2019 2015 2017 2101 384 IN (14 U staat UState income taxes, et offederal income tax benefit Impact of the Tax Act One-timerinta Defta effects Income taxed outside the US Disposition of Walmar Bril Valuation allowance Netpact of te weten Federal tax credit Othernet Effective income tax rate 361 07 034 6.74 15 211 (T. ( OA 08 13 10% 3*** 304