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You Are Interning at a Financial Services Firm and Have

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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
 Net sales $405,046 Beginning accounts receivable $4,144 Gross profit 100,389 Ending accounts receivable 3,905 Operating income 23,950 Net income 14,848\begin{array}{lrr}\text { Net sales } & \$ 405,046& \text { Beginning accounts receivable } & \$ 4,144 \\\text { Gross profit } & 100,389& \text { Ending accounts receivable } & 3,905 \\\text { Operating income } & 23,950 \\\text { Net income } & 14,848\end{array}
Nordstrom
 Net sales $8,627 Beginning accounts receivable $1,942 Gross profit 3,299 Ending accounts receivable 2,035 Operating income 834 Net income 441\begin{array} { l r r } \text { Net sales } & \$ 8,627& \text { Beginning accounts receivable } & \$ 1,942 \\\text { Gross profit } & 3,299 &\text { Ending accounts receivable } & 2,035 \\\text { Operating income } & 834 & \\\text { Net income } & 441 & \\\hline\end{array}
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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Walmart Nordstrom
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