Walmart Inc (WMT) has the following excerpts from their financial statements January 31, 2022 January 31,...

Transcribed Image Text:

Walmart Inc (WMT) has the following excerpts from their financial statements January 31, 2022 January 31, 2021 Net Receivables* (in $ Millions) 8,280 6,516 *Net Receivable = Gross receivable minus Allowance Walmart's fiscal year "FY22" is defined as the period between February 1, 2021 - January 31, 2022 Gross (Accounts) Receivables, January 31, 2022: $9,265 Million Gross Receivables, January 31, 2021: $7,421 Million Accounts Written-off in FY 22 $221 Million 2% of credit sales is assumed to be uncollectable CALCULATE The ending balance of Allowance for uncollectable accounts as of January 31, 2022 If the answer is $1 Billion please type 1000 No commas, no $ signs No need for add the extra zeros i.e.,000,000 Do not spell out the "Million" Round to nearest integer, if necessary. Walmart Inc (WMT) has the following excerpts from their financial statements January 31, 2022 January 31, 2021 Net Receivables* (in $ Millions) 8,280 6,516 *Net Receivable = Gross receivable minus Allowance Walmart's fiscal year "FY22" is defined as the period between February 1, 2021 - January 31, 2022 Gross (Accounts) Receivables, January 31, 2022: $9,265 Million Gross Receivables, January 31, 2021: $7,421 Million Accounts Written-off in FY 22 $221 Million 2% of credit sales is assumed to be uncollectable CALCULATE The ending balance of Allowance for uncollectable accounts as of January 31, 2022 If the answer is $1 Billion please type 1000 No commas, no $ signs No need for add the extra zeros i.e.,000,000 Do not spell out the "Million" Round to nearest integer, if necessary.