Question: 1. Fixed vs. variable vs. semi-variable costs: Which type are employee costs for WalMart? Explain. 2. Is it an income sheet or an income statement?

1. Fixed vs. variable vs. semi-variable costs: Which type are employee costs for WalMart? Explain. 2. Is it an income sheet or an income statement? Is it a balance sheet or a balance statement? How come?

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