Question: comment on the significant changes disclosed by the comparative income statement. Walmart Vertical Analysis Income Statement 2016 2017 2018 Amount Percent 72,714 100% Amount Percent

comment on the significant changes disclosed by the comparative income statement.

Walmart Vertical Analysis Income Statement 2016 2017 2018 Amount Percent 72,714 100% Amount Percent 73,785 100% 52,241 21,544 29% 3,363 Amount Percent 70,271 49.145 100% Revenue Cost of goods sold Gross profit Net income 71% 51.125 2,914 4% 4% 5% 2,734

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