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Category > Accounting Posted 19 Aug 2017 My Price 9.00

Walmart Stores, Inc

The following data (in millions) were taken from the financial statements of Walmart Stores, Inc:

 

Recent Year

Prior Year

 

Revenue                                                                  $446,950                        $421,849

Operating  expenses                                        420,392                           396,307

Operating  income                                            $ 26,558                     $ 25,542

                                          

a.     For Walmart Stores, Inc., determine the amount of change in millions and the percent of change (round to one decimal place) from the prior year to the recent year for:

1.    Revenue

2.    Operating expenses

3.    Operating income

b.                              Comment on the results of your horizontal analysis in part (a).

c.     Based upon Exercise 2-23, compare and comment on the operating results of Target and Walmart for the recent year.

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Maurice Tutor
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Status NEW Posted 19 Aug 2017 08:08 PM My Price 9.00

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