How much does Walmart net

1 answer:

4 0

The online retail giant's market value is about $250 billion. Walmart (WMT) is worth a little more than $230 billion. Amazon is now the most valuable retailer

You might be interested in

Text written for advertising and marketing campaigns is referred to as o content. context O copy o collateral

melisa1 [442]

Answer:

always be it and never fail

Explanation:

5 0

2 years ago

Haberdash inc. last year reported sales of $12 million and an inventory turnover ratio of 3. the company is now adopting a just-

Sindrei [870]

Sales = $12,000,000

Inventory Turnover ratio (old) = 3
Inventory Turnover ratio (new) = 7.5
Freed up Cash = ?
So, let’s find out the freed up cash
 We know level of inventory are calculated as follows;
Inventory = Sales Inventory turnover ratio
Calculating $ value of old inventory
 Inventory Old=$12,000.0003
 =$7.5,000,000
 Calculating $ value of New inventory
 Inventory New=$12,000,0075
 =$3,000,000
 The freed up cash would be=Old Inventory – New Inventory
 =$7.5,000,000 - $3,000,000
=$4.5,000,000

6 0

3 years ago

Read 2 more answers

Blanche Corporation adds materials at the end of the process in the injection department, which is the second of two stages of i

inn [45]

Answer:

The material cost of the work in process at March 31 is d. $0

Explanation:

Note: Equivalent unit of Work in process of Material is 0 as material are added at the end of process which leads to total cost of material of work in proccess = 0.

3 0

3 years ago

Condensed financial data are presented below for the Phoenix Corporation:

dybincka [34]

Answer:

profit margin 7.77%

Interpretation: from evey dollar of sales the firm achieves almost 8 cent of net income

inventory turnover ratio 3.45

Interpretation: the inventory is sold 3 and a half times during the year

Explanation:

the profit margin is the quotient between net income and sales.

$\frac{net \: income}{sales} = $profit margin$

127,500 / 1,640,000 = 7.77%

the inventory turnover wil be the cost of good sold over the average inventory during the year

(312,500 + 257,500)/ 2 = 285,000

982,500 / 285,000 = 3,447368421

6 0

2 years ago

Your friend currently works as an accountant in a public accounting firm in a small town called stillwater in minnesota. he is o

charle [14.2K]

12,000 is the right one

5 0

3 years ago