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Essay Details:
Essay text:
Over the period of
2002-2005, gross profit has increased from 21% of sales to 23% of sales. Because both
net sales and COGS have risen proportionally, gross profit has not fluctuated.
Operating Expenses:
Wal-Mart includes Depreciation and Amortization in its Operating Expenses for purposes
of reporting on the Income Statement. Operating expenses have grown from 16% to 17%
of sales from 2002-2005. Because of the mass revenue that Wal-Mart generates,
operating expenses will be a small percentage of sales. Although Wal-Mart has
numerous expenses, their revenue will always dwarf their expenditures...
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Common topics in this essay:
- Current Liabilities and Contingencies
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