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n fiscal year 2021, Walmart Inc. (WMT) reported annual revenue of $572.75 billion, gross profit of $143.75 billion, and net income of $13.67 billion. Costco Wholesale Corporation (COST) had revenue of $195.9 billion, gross profit of $25.25 billion, and net income of $5.01 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 2021? *** a. Compare the gross margins for Walmart and Costco. The gross margin for Walmart is%. (Round to two decimal places.) The gross margin for Costco is%. (Round to two decimal places.) b. Compare the net profit margins for Walmart and Costco. The net profit margin for Walmart is %. (Round to two decimal places.) The net profit margin for Costco is%. (Round to two decimal places.) c. Which firm was more profitable in 2021? (Select from the drop-down menu.) was more profitable in 2021. O Time Remaining: 01:07:58 Show work Next

n fiscal year 2021, Walmart Inc. (WMT) reported annual revenue of $572.75 billion, gross profit of $143.75 billion, and net income of $13.67 billion. Costco Wholesale Corporation (COST) had revenue of $195.9 billion, gross profit of $25.25 billion, and net income of $5.01 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 2021? *** a. Compare the gross margins for Walmart and Costco. The gross margin for Walmart is%. (Round to two decimal places.) The gross margin for Costco is%. (Round to two decimal places.) b. Compare the net profit margins for Walmart and Costco. The net profit margin for Walmart is %. (Round to two decimal places.) The net profit margin for Costco is%. (Round to two decimal places.) c. Which firm was more profitable in 2021? (Select from the drop-down menu.) was more profitable in 2021. O Time Remaining: 01:07:58 Show work Next

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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In fiscal year 2021, Walmart Inc. (WMT) reported annual revenue of $572.75 billion, gross profit of $143.75 billion, and net income of $13.67 billion. Costco Wholesale Corporation (COST) had revenue of $195.9 billion, gross profit of $25.25 billion, and net income of $5.01 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 2021? www a. Compare the gross margins for Walmart and Costco. The gross margin for Walmart is%. (Round to two decimal places.) The gross margin for Costco is%. (Round to two decimal places.) b. Compare the net profit margins for Walmart and Costco. The net profit margin for Walmart is%. (Round to two decimal places.) %. (Round to two decimal places.) The net profit margin for Costco is c. Which firm was more profitable in 2021? (Select from the drop-down menu.) was more profitable in 2021. Time Remaining: 01:07:58 Show work Next
Transcribed Image Text:In fiscal year 2021, Walmart Inc. (WMT) reported annual revenue of $572.75 billion, gross profit of $143.75 billion, and net income of $13.67 billion. Costco Wholesale Corporation (COST) had revenue of $195.9 billion, gross profit of $25.25 billion, and net income of $5.01 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 2021? www a. Compare the gross margins for Walmart and Costco. The gross margin for Walmart is%. (Round to two decimal places.) The gross margin for Costco is%. (Round to two decimal places.) b. Compare the net profit margins for Walmart and Costco. The net profit margin for Walmart is%. (Round to two decimal places.) %. (Round to two decimal places.) The net profit margin for Costco is c. Which firm was more profitable in 2021? (Select from the drop-down menu.) was more profitable in 2021. Time Remaining: 01:07:58 Show work Next
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