You are interning at a financial services firm and have been asked to evaluate the performance of two major department stores.The following information (in millions)is available for Walmart and Nordstrom for the most recent fiscal periods available:
Walmart
Nordstrom
Compute the (1)gross profit margin,(2)operating margin,(3)net profit margin,and (4)accounts receivable turnover for the two companies and indicate which company has performed better.
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