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Part $1$

In fiscal year $2021,$ Walmart Inc. $($WMT$)$ reported annual revenue of $$$$572\mathrm{.}8$billion$,$ gross profit of $$$$143\mathrm{.}8$billion$,$ and net income of $$$$13\mathrm{.}7$ billion. Costco Wholesale Corporation $($COST$)$ had revenue of $$$$195\mathrm{.}5$billion$,$ gross profit of $$$$25\mathrm{.}3$billion$,$ and net income of $$$$5\mathrm{.}0$ 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 $2021?$In fiscal year $2021,$ Walmart Inc. $($WMT$)$ reported annual revenue of $$572\mathrm{.}8$ billion, gross profit of $$143\mathrm{.}8$ billion, and net income of $$13\mathrm{.}7$ billion. Costco Wholesale Corporation $($COST$)$ had revenue

of $$195\mathrm{.}5$ billion, gross profit of $$25\mathrm{.}3$ billion, and net income of $$5\mathrm{.}0$ 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 $2021?$