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Use the following data for Walmart Inc. for the year 2023: Item Amount ($) Sales 5,000,000 Cost of Goods Sold 3,000,000 Gross Profit 2,000,000 Net

Use the following data for Walmart Inc. for the year 2023:

Item

Amount ($)

Sales

5,000,000

Cost of Goods Sold

3,000,000

Gross Profit

2,000,000

Net Income

500,000

Total Assets

10,000,000

Shareholders' Equity

6,000,000

Total Liabilities

4,000,000

Requirements:

  1. Calculate the Gross Profit Margin.
  2. Determine the Net Profit Margin.
  3. Compute the Return on Assets.
  4. Calculate the Return on Equity.
  5. Determine the Debt to Equity Ratio.

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