Analyze Wal-Mart The following data (in millions) arc taken from the financial statements of Wal-Mart Stores, Inc. (WMT): Year 2 Year 1 Revenue $482,130 $485,651 Operating expenses (458,025) (458,304) Operating income $ 24,105 $ 27,147 a. For Walmart, determine the amount of change in millions and the percent of change rounded to one decimal place from Year 1 to Year 2 for: 1. Revenue 2. Operating expenses 3. Operating income b. Comment on the results of your horizontal analysts in requirement (a).

BuyFind

Corporate Financial Accounting

15th Edition
Carl Warren + 1 other
Publisher: Cengage Learning
ISBN: 9781337398169
BuyFind

Corporate Financial Accounting

15th Edition
Carl Warren + 1 other
Publisher: Cengage Learning
ISBN: 9781337398169

Solutions

Chapter
Section
Chapter 2, Problem 2.5MAD
Textbook Problem

Analyze Wal-Mart

 The following data (in millions) arc taken from the financial statements of Wal-Mart Stores, Inc. (WMT):

  Year 2 Year 1
Revenue $482,130 $485,651
Operating expenses (458,025) (458,304)
Operating income $ 24,105 $ 27,147

a. For Walmart, determine the amount of change in millions and the percent of change rounded to one decimal place from Year 1 to Year 2 for:

1. Revenue

2. Operating expenses

3. Operating income

b. Chapter 2, Problem 2.5MAD, Analyze Wal-Mart The following data (in millions) arc taken from the financial statements of Comment on the results of your horizontal analysts in requirement (a).

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Chapter 2 Solutions

Corporate Financial Accounting
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