Walmart Inc. Consolidated Statements of Income Fiscal Years Ended January 31, (Amounts in millions, except per share data) 2024 2023 2022 Revenues: Net sales $642,637 $ 605,881 $567,762 Membership and other income 5,488 5,408 4,992 Total revenues 648,125 611,289 572,754 Costs and expenses: Cost of sales 490, 142 463,721 429,000 Operating, selling, general and administrative expenses 130,971 Operating income 27,012 20,428 Interest: Debt 2,259 1,787 1,674 Finance lease 424 341 320 Interest income (546) (254) (158) Interest, net 2,137 1,874 1,836 25,942 Loss on extinguishment of debt 2,410 Other (gains) and losses 3,027 1,538 3,000 Income before income taxes 21,848 17,016 18,696 Provision for income taxes 5,578 5,724 4,756 Consolidated net income 16,270 11,292 13,940 127,140 117,812 Consolidated net (income) loss attributable to noncontrolling interest (759) 388 (267) Consolidated net income attributable to Walmart $ 15,511 $11,680 $13,673 Net income per common share: Basic net income per common share attributable to Walmart $ 1.82 $1.43 $1.63 Diluted net income per common share attributable to Walmart 1.81 1.42 1.62 Weighted-average common shares outstanding: Basic 8,077 8,171 8,376 Diluted 8,108 8,202 8,415 Dividends declared per common share $ 0.8000 Based on the 2024 data, what's Walmart retenetion ratio. You can use basic net income per share in your calculation. Keep in mind the theoretical growth rate in class (ROE * Rentention Ratio) that was covered, we are looking for Walmart's 2024 rentntion ratio. What is Walmarts 2024 retention ratio? Round your answer to one decimal place. so an answer of .0.487 shoulg be entered as 49.0 (that's 49%)
Walmart Inc. Consolidated Statements of Income Fiscal Years Ended January 31, (Amounts in millions, except per share data) 2024 2023 2022 Revenues: Net sales $642,637 $ 605,881 $567,762 Membership and other income 5,488 5,408 4,992 Total revenues 648,125 611,289 572,754 Costs and expenses: Cost of sales 490, 142 463,721 429,000 Operating, selling, general and administrative expenses 130,971 Operating income 27,012 20,428 Interest: Debt 2,259 1,787 1,674 Finance lease 424 341 320 Interest income (546) (254) (158) Interest, net 2,137 1,874 1,836 25,942 Loss on extinguishment of debt 2,410 Other (gains) and losses 3,027 1,538 3,000 Income before income taxes 21,848 17,016 18,696 Provision for income taxes 5,578 5,724 4,756 Consolidated net income 16,270 11,292 13,940 127,140 117,812 Consolidated net (income) loss attributable to noncontrolling interest (759) 388 (267) Consolidated net income attributable to Walmart $ 15,511 $11,680 $13,673 Net income per common share: Basic net income per common share attributable to Walmart $ 1.82 $1.43 $1.63 Diluted net income per common share attributable to Walmart 1.81 1.42 1.62 Weighted-average common shares outstanding: Basic 8,077 8,171 8,376 Diluted 8,108 8,202 8,415 Dividends declared per common share $ 0.8000 Based on the 2024 data, what's Walmart retenetion ratio. You can use basic net income per share in your calculation. Keep in mind the theoretical growth rate in class (ROE * Rentention Ratio) that was covered, we are looking for Walmart's 2024 rentntion ratio. What is Walmarts 2024 retention ratio? Round your answer to one decimal place. so an answer of .0.487 shoulg be entered as 49.0 (that's 49%)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Walmart Inc.
Consolidated Statements of Income
Fiscal Years Ended January 31,
(Amounts in millions, except per share data) 2024 2023 2022
Revenues:
Net sales $642,637 $ 605,881 $567,762
Membership and other income 5,488
5,408 4,992
Total revenues 648,125 611,289 572,754
Costs and expenses:
Cost of sales 490, 142 463,721 429,000
Operating, selling, general and administrative expenses 130,971
Operating income 27,012 20,428
Interest:
Debt 2,259 1,787
1,674
Finance lease 424 341 320
Interest income (546) (254) (158)
Interest, net 2,137 1,874 1,836
25,942
Loss on extinguishment of debt 2,410
Other (gains) and losses 3,027 1,538 3,000
Income before income taxes 21,848
17,016
18,696
Provision for income taxes 5,578 5,724
4,756
Consolidated net income 16,270 11,292
13,940
127,140 117,812
Consolidated net (income) loss attributable to noncontrolling interest (759) 388 (267)
Consolidated net income attributable to Walmart $ 15,511 $11,680 $13,673
Net income per common share:
Basic net income per common share attributable to Walmart $ 1.82 $1.43 $1.63
Diluted net income per common share attributable to Walmart 1.81 1.42 1.62
Weighted-average common shares outstanding:
Basic 8,077 8,171 8,376
Diluted 8,108 8,202 8,415
Dividends declared per common share $ 0.8000
Based on the 2024 data, what's Walmart retenetion ratio. You can use basic net income per share in your calculation.
Keep in mind the theoretical growth rate in class (ROE * Rentention Ratio) that was covered, we are looking for
Walmart's 2024 rentntion ratio.
What is Walmarts 2024 retention ratio? Round your answer to one decimal place. so an answer of .0.487 shoulg be
entered as 49.0 (that's 49%)
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