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Walmart Inc. Data for the year ended December 31, 2023: Item Amount Total Revenue $500,000,000 Cost of Goods Sold $300,000,000 Operating Expenses $150,000,000 Income
Walmart Inc.
Data for the year ended December 31, 2023:
Item | Amount |
Total Revenue | $500,000,000 |
Cost of Goods Sold | $300,000,000 |
Operating Expenses | $150,000,000 |
Income Tax Expense | $50,000,000 |
Net Income | $50,000,000 |
- Calculate Walmart's gross profit margin.
- Determine Walmart's operating profit margin.
- Analyze the impact of income tax expense on Walmart's net income.
- Discuss how Walmart's revenue recognition policy affects its financial statements.
- Evaluate Walmart's profitability using the return on assets (ROA) ratio.
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