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What subtotals does Walmart report on its income statement?The company spent $10,264 on purchases of...

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Accounting

What subtotals does Walmart report on its income statement?The company spent $10,264 on purchases of Property and equipment and $180 on business acquisitions during the most recent year. Were operating activities or financing activities the major source of cash for these expenditures?What was the companys largest asset (net) at the end of the most recent year?What are the two largest components of the companys Current liabilities?Over what useful lives is Transportation equipment depreciated?What percentage of gross Property and equipment is composed of Buildings and improvements?Using Total revenues and Cost of sales from the Income Statement, compute the companys gross profit percentage (use total revenues in place of net sales) for the most recent two years.Has it increased or decreased?

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