The following data (in millions) are taken from the financial statements of Walmart Inc. (WMT): a. For
Question:
The following data (in millions) are taken from the financial statements of Walmart Inc. (WMT):
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 analysis in requirement (a).
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a Change in Revenue 14062 millionPercent Change 28 14062500343 x 100 rounded to o...View the full answer
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