Walmart Company

Look up your assigned company by the first letter of your last name. Google the 2021 annual report (10K) for your assigned company, search for the income statement. Compute the following ratio, COGS/Net Sales=Gross Profit Margin. Example 500COGS/1000Net Sales=.50, this means each sales dollar cost them 50 cents. The lower the COGS (Inventory) the higher the gross profit. The income statement shows three years, compute the ratio for the three years and briefly comment on the results. Look up your assigned company by the first letter of your last name. Google the 2021 annual report (10K) for your assigned company, search for the income statement. Compute the following ratio, COGS/Net Sales=Gross Profit Margin. Example 500COGS/1000Net Sales=.50, this means each sales dollar cost them 50 cents. The lower the COGS (Inventory) the higher the gross profit. The income statement shows three years, compute the ratio for the three years and briefly comment on the results