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Walmart Inc. provided the following financial data for the month of April 2024: Total sales revenue: $3,000,000 Sales returns: $100,000 Sales discounts: $50,000 Cost of
Walmart Inc. provided the following financial data for the month of April 2024:
- Total sales revenue: $3,000,000
- Sales returns: $100,000
- Sales discounts: $50,000
- Cost of goods sold: $1,800,000
- Operating expenses: $700,000
- Other expenses: $100,000
- Income tax expense: $200,000
Calculate the net sales, gross margin, operating income, and net income for Walmart Inc. for April 2024.
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