(In Billion Dollars except EPS) 01/31/2017 01/31/2018 Increase/ (Decrease) % of increase / (decrease) Net income...

(In Billion Dollars except EPS)	01/31/2017	01/31/2018	Increase/ (Decrease)	% of increase / (decrease)
Net income	$ 13.643	$ 9.862	$ (3.781)	-27.71%
Net income before taxes	$ 20.497	$ 15.123	$ (5.374)	-26.22%
Income tax expenses	$ 6.204	$ 4.600	$ (1.604)	-25.85%
Income tax rate	30.27%	30.42%	0.15%	0.49%
Earnings per share
Basic	$ 4.40	$ 3.29	$ (1.11)	-25.23%
Diluted	$ 4.38	$ 3.28	$ (1.10)	-25.11%
Total revenue	$ 485.873	$ 500.343	$ 14.470	2.98%
Gross profit	$ 142.617	$ 126.947	$ (15.670)	-10.99%
Gross profit margin	29.35%	25.37%	-3.98%	-13.56%
Net profit margin	2.81%	1.97%	-0.84%	-29.80%

Walmart Financials:

For each of the categories/financial measures that show a difference between the two years, determine what factors could have caused the differences.

Expert Solution

jeff jeffy answered 1 day ago

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