Walmart

1. Based on the information in the company's most recent annual report, determine each of the following:

a. Gross profit for each year reported.

b. Gross profit rate (Gross profit / Sales) for each year reported. Round to one decimal place.

c. Operating income for each year reported.

d. Percentage change in operating income for the most recent year. Round to one decimal place.

e. Net income for each year reported.

f. Percentage change in net income for the most recent year. Round to one decimal place.

2. Based solely on your responses to Item 1, has the company's performance improved, remained constant, or deteriorated over the periods presented? Briefly explain your answer.