Section 1: Problems (20 points) 1. The table below contains the nancial results of Walmart and Amazon for 2010. [ll] points) Selected Financial Data [in million 3] for liI'lu'almart and Amazon for year 2010 Walmart Amazon Net operating revenues or Net Sales 403,214 34,204 Cost of goods sold 304,65? 25,561 Gross prot 103,55? ?,643 5531A 6,237 Operating income 1,406 Other income {loss} 130 Income before income taxes 1,536 Income taxes 352 other expe nses 15.41111 1134 Cash and cash equivalents 3,??? Short term investments 4,935 Net receivables 4,144 1,?33 Inventories 33,160 3,202 Total current assets 43,331 13,?4?I Property, plant and equipment 102,30? 2,414 Goodwill 15,126 1,3?1 Other asset 1.265 Total assets 1?D,?DE 13,?9? liabilities and Stockholder Equity Accounts payable 10,3?2 Short-term debt - Other current liability - Total current liability 10,3?2 Longterm debt Other liabilities 1,561 Total liabilities 99,550 11,933 Stockholder equitv ?1,056 6,364 Total Liabilities and Stockholder Equity 1?0,?06 13,191\