For the fiscal year ending January 31, 2024, Walmart Inc. reported the following financial data:...

60.1K

Verified Solution

Question

Accounting

For the fiscal year ending January 31, 2024, Walmart Inc. reported the following financial data: Revenue of $572,754 million, Cost of Goods Sold (COGS) of $426,900 million, Operating Expenses of $100,200 million, and Interest Expense of $3,000 million. The company’s Income Tax Expense was $10,500 million, resulting in a Net Income of $32,154 million. Walmart’s total assets were $244,000 million, and total equity was $81,000 million.

Questions:

  1. Calculate Walmart's gross profit margin.
  2. Determine Walmart's operating profit margin.
  3. Compute Walmart's net profit margin.
  4. Calculate the return on assets (ROA) for Walmart.
  5. Compute the return on equity (ROE) for Walmart.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students