Walmart calculates and reports ROI, which is not a GAAP measure, in addition to ROA....
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Walmart calculates and reports ROI, which is not a GAAP measure, in addition to ROA. The firm provides the formula it uses to calculate its ROI in its 10-K report. Examine the formula to try to make sense of what the firm tries to measure. Why do you think it makes sense for the firm to use ROI as well as ROA?
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