In 2018, Walmart reported sales of $500.3 billion, gross profits of $136.9 billion, EBIT of $20.4 billion, and net income of $9.9 billion. The company's cost of goods sold that year equaled O 2% O $363.4 billion O $373.4 bilion O 4.1%
In 2018, Walmart reported sales of $500.3 billion, gross profits of $136.9 billion, EBIT of $20.4 billion, and net income of $9.9 billion. The company's cost of goods sold that year equaled O 2% O $363.4 billion O $373.4 bilion O 4.1%
Chapter1: Making Economics Decisions
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![In 2018, Walmart reported sales of $500.3 billion, gross profits of $136.9 billion, EBIT of $20.4
billion, and net income of $9.9 billion. The company's cost of goods sold that year equaled
O 2%
O $363.4 billion
O $373.4 billion
4.1%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fee653bd6-4464-4ff6-a6e6-6f62acae1002%2Fedaddb76-130f-4811-9f86-88d4ab2dcbcf%2Fmlrk79o_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In 2018, Walmart reported sales of $500.3 billion, gross profits of $136.9 billion, EBIT of $20.4
billion, and net income of $9.9 billion. The company's cost of goods sold that year equaled
O 2%
O $363.4 billion
O $373.4 billion
4.1%
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