Question

Print mem eBook Morizontal Analysis of Inconre Statement the following data (in millions) were taken from the financial statements of Walmart Stores, Inc Prior 5446,950 420,392 客26,558 $421,849 396,307 $25,542 Operating expenses Operating income a. For Walmart Stores, Inc., determine the amount of change in milions and the percent of change (round to one decimal place) from the pri 1 Revenue 2. Operating expenises 3 Operating incoeme A gount of change (in millions) Percent of Change 25,101 v 251 | X % Increase v ·24 ]v [ 241] X% 2, Operating expenses 24,085 increase 3. Operating income 1.016 1,016.01 X % b. During the recent yeat, both revenues and operating expenses increased V G. The operating results of Target Corporation for the recent year are provided below Amount of Change in millions) $2,475 Percent of Change Increase or Decrease 1.Rewnue 2. Operating expenses 3. Operating inconme How should the operating results of Target and Walnbart tor the recent year be evaluated 3.7 % 3.9% 1.3 %, $2,405 Increase

Answer 1