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Walmart, Inc. Abbreviated Income Statements for the Years Ending January 31, 2012-2015 (S in Millions) Account 1/31/2012 1/31/2013 1/31/2014 1/31/2015 Sales Cost of goods sold Selling, general, and administrative expenses S EBIT 446,509 S -334,393 S -86,173 S 25,943 S -2,320 S -8,741 S 468,651 S 476,294 -358.069 -352,297 S -89,148 S -91,763 27,206 S 26,462 Interest expense IS -2,249 S -2,335 Taxes -9.234 S -8,927 Net income 14,882 S 15,723 S 15,200 Rioht-clck on the %24 %24 %24

Walmart, Inc. Abbreviated Income Statements for the Years Ending January 31, 2012-2015 (S in Millions) Account 1/31/2012 1/31/2013 1/31/2014 1/31/2015 Sales Cost of goods sold Selling, general, and administrative expenses S EBIT 446,509 S -334,393 S -86,173 S 25,943 S -2,320 S -8,741 S 468,651 S 476,294 -358.069 -352,297 S -89,148 S -91,763 27,206 S 26,462 Interest expense IS -2,249 S -2,335 Taxes -9.234 S -8,927 Net income 14,882 S 15,723 S 15,200 Rioht-clck on the %24 %24 %24

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
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Please don’t reject question is complete. Please answer all parts thx and round to three decimal places. Predict the net income for the period ending January 31,2015 by determining the growth rate of sales, COGS, SG&A, and interest expense . Use a tax rate of 37% . Enter all expenses as negative numbers. Use compounded growth rate method to calculate all of the growth rates.Thx
Predicting net income. Abbreviated income statements for Walmart, Inc. are in the popup window: Predict the net income for the period ending Ja interest expense. Use a tax rate of 37%. Note: Enter all expenses as negative numbers. (Hint: Use the compounded growth rate method to calculate all of the growth rates.) Data Table - X Walmart, Inc. Abbreviated Income Statements for the Years Ending January 31, 2012-2015 ($ in Millions) Account 1/31/2012 1/31/2013 1/31/2014 1/31/2015 Sales 446.509 $ 468,651 S 476,294 Cost of goods sold -334,393 S -352.297s -358.069 Selling, general, and administrative expenses -86,173 S -89,148 S -91,763 EBIT 25,943 $ 27,206 S 26,462 Interest expense -2,320 S -2,249 S -2,335 Taxes -8,741 S -9,234 S -8,927 Net income nt-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box 14,882 S 15,723 S 15,200 and select Copy in order to paste its contents into a spreadsheet P Type here to search hp esc 米 @ %23 $ 4 & 3 Q E R T A D G C alt
Transcribed Image Text:Predicting net income. Abbreviated income statements for Walmart, Inc. are in the popup window: Predict the net income for the period ending Ja interest expense. Use a tax rate of 37%. Note: Enter all expenses as negative numbers. (Hint: Use the compounded growth rate method to calculate all of the growth rates.) Data Table - X Walmart, Inc. Abbreviated Income Statements for the Years Ending January 31, 2012-2015 ($ in Millions) Account 1/31/2012 1/31/2013 1/31/2014 1/31/2015 Sales 446.509 $ 468,651 S 476,294 Cost of goods sold -334,393 S -352.297s -358.069 Selling, general, and administrative expenses -86,173 S -89,148 S -91,763 EBIT 25,943 $ 27,206 S 26,462 Interest expense -2,320 S -2,249 S -2,335 Taxes -8,741 S -9,234 S -8,927 Net income nt-click on the table and select Copy to Clipboard and then right-click the highlighted texts in the popup dialogue box 14,882 S 15,723 S 15,200 and select Copy in order to paste its contents into a spreadsheet P Type here to search hp esc 米 @ %23 $ 4 & 3 Q E R T A D G C alt
Predicting net income. Abbreviated income statements for Walmart, Inc. are in the popup window. D Predict the net income for the period ending January 31, 2015, by determining the growth rates of sales, COGS, SG&A, and interest expense. Use a tax rate of 37% Note: Enter all expenses as negative numbers. (Hint Use the compounded growth rate method to calculate all of the growth rates.) - X i Data Table Walmart, Inc. Abbreviated Income Statements for the Years Ending January 31, 2012-2015 (S in Millions) Account 1/31/2012 1/31/2013 1/31/2014 1/31/2015 Sales 446,509 S 468,651 S 476,294 334,393 S 352,297 S 89 148 S Cost of goods sold 358,069 Selling, general, and administrative expenses -86,173 S 91,763 EBIT 25,943 S 27 206 S 26,462 -2,335 Interest expense 2,249 S 9.234 S -2,320 s 8,741 S 8,927 15,200 Taxes Is Net income Right-chick on the table and select Copy to Cipboard and then nght-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet 14,882s 15,723 5 P Type here to search a hp brt sc e detete backspsce 6 8 ab Q W E R AL D J K lock pause B M ome く fn alt alt ctri USE YOUR SMARTPHONE FOR Reviews Videos- Features hare. Specs Support Microsoft 365 crosoft 365 makes r life more creative, nized and secure SCA scriptione One year Standard data rate
Transcribed Image Text:Predicting net income. Abbreviated income statements for Walmart, Inc. are in the popup window. D Predict the net income for the period ending January 31, 2015, by determining the growth rates of sales, COGS, SG&A, and interest expense. Use a tax rate of 37% Note: Enter all expenses as negative numbers. (Hint Use the compounded growth rate method to calculate all of the growth rates.) - X i Data Table Walmart, Inc. Abbreviated Income Statements for the Years Ending January 31, 2012-2015 (S in Millions) Account 1/31/2012 1/31/2013 1/31/2014 1/31/2015 Sales 446,509 S 468,651 S 476,294 334,393 S 352,297 S 89 148 S Cost of goods sold 358,069 Selling, general, and administrative expenses -86,173 S 91,763 EBIT 25,943 S 27 206 S 26,462 -2,335 Interest expense 2,249 S 9.234 S -2,320 s 8,741 S 8,927 15,200 Taxes Is Net income Right-chick on the table and select Copy to Cipboard and then nght-click the highlighted texts in the popup dialogue box and select Copy in order to paste its contents into a spreadsheet 14,882s 15,723 5 P Type here to search a hp brt sc e detete backspsce 6 8 ab Q W E R AL D J K lock pause B M ome く fn alt alt ctri USE YOUR SMARTPHONE FOR Reviews Videos- Features hare. Specs Support Microsoft 365 crosoft 365 makes r life more creative, nized and secure SCA scriptione One year Standard data rate
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