In fiscal year 2018, Walmart Stores (WMT) had revenue of $514.41 billion, gross profit of $129.10 billion,
Question:
In fiscal year 2018, Walmart Stores (WMT) had revenue of $514.41 billion, gross profit of $129.10 billion, and net income of $6.67 billion. Costco Wholesale Corporation (COST) had revenue of $141.58 billion, gross profit of $18.42 billion, and net income of $3.13 billion.
a. Compare the gross margins for Walmart and Costco.
b. Compare the net profit margins for Walmart and Costco.
c. Which firm was more profitable in 2018?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
a b c Walmart had better gross ...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
2+ Reviews
10+ Question Solved
Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780137309948
4th Canadian Edition
Authors: Jonathan Berk, Peter DeMarzo, David A. Stangeland, Andras Marosi, Jarrod Harford
Question Posted:
