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FA $ $ Sales 446,509 $ 468,651 $ 476.294 Cost of goods sold -334,393 $ -352,297 $ -358,069 Selling, general, and administrative expenses -86,173 $

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FA $ $ Sales 446,509 $ 468,651 $ 476.294 Cost of goods sold -334,393 $ -352,297 $ -358,069 Selling, general, and administrative expenses -86,173 $ -89,148 $ -91,763 EBIT 25,943 $ 27.206 $ 26,462 Interest expense $ -2,320 $ -2.249 $ -2,335 Taxes $ I -8,741 $ -9,234 $ -8,927 Net income S 14,882 $ 15,723 $ 15,200 Right click on the table and select Copy to clipboard and then right-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet B14-5 (static) 15 Question Help SA Predicting net income. Abbreviated income statements for Walmart, Inc. are in the popup window: Predict the net income for the period ending January 31, 2015, by determining the growth rates of sales, COGS, SG&A, and interest expense. Use a tax rate of 37%. 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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