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these questions are based on the 10-k forms for the fiscal year ended janurary 30, 2021 looking to find the answers to these for walmart
these questions are based on the 10-k forms for the fiscal year ended janurary 30, 2021
What is the amount of advertising/marketing expense that the company incurred to promote its products and services in Year 3? What is the percentage of this expense to sales (or revenues)? What is net income for Year 1, Year 2, and Year 3? Is the trend going in the right direction? Explain. Compute the return-on-sales ratio for Year 1, Year 2, and Year 3. In what year did the company do the best job of controlling expenses? Explain how you came to this conclusion. Compute the return-on-assets ratio for Year 2 and Year 3. Explain what this ratio means and indicate whether the trend is positive or negative for each company, COVERSHEET What is the amount of advertising/marketing expense that the company incurred to promote its products and services in Year 3? What is the percentage of this expense to sales (or revenues)? What is net income for Year 1, Year 2, and Year 3? Is the trend going in the right direction? Explain. Compute the return-on-sales ratio for Year 1, Year 2, and Year 3. In what year did the company do the best job of controlling expenses? Explain how you came to this conclusion. Compute the return-on-assets ratio for Year 2 and Year 3. Explain what this ratio means and indicate whether the trend is positive or negative for each company, COVERSHEET looking to find the answers to these for walmart and target
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