Walmart Inc's 2024 Net Sales Calculation
What is the calculated net sales for Walmart Inc in 2024?
A. $13,490,000
B. $14,220,500
C. $15,000,000
D. $16,750,000
Answer:
The calculated net sales for Walmart Inc in 2024 is $14,164,500.
To calculate Walmart Inc's 2024 net sales, we need to consider the increase in sales due to the recent expansion of stores. The additional sales generated by the expansion can be calculated using the multiplier given:
Multiplier = Additional sales / Initial investment
Multiplier = $24,000 / $1,200 = 20
Now, we can calculate the net sales:
Initial net sales = $674,500 (given)
Additional net sales = Initial net sales * Multiplier
Additional net sales = $674,500 * 20 = $13,490,000
Total net sales in 2024 = Initial net sales + Additional net sales
Total net sales in 2024 = $674,500 + $13,490,000 = $14,164,500
Among the multiple-choice options, the closest value to the calculated net sales is $14,164,500. Therefore, the answer is:
Multiple Choice: $14,164,500