I have a feeling that those slim margins don't really mean that Walmart is making e.g. 3 bucks on every 100 bucks (https://www.macrotrends.net/stocks/charts/WMT

I have a feeling that those slim margins don't really mean that Walmart is making e.g. 3 bucks on every 100 bucks (https://www.macrotrends.net/stocks/charts/WMT/walmart/profit-margins https://www.macrotrends.net/stocks/charts/WMT/walmart/profit...). There gotta be a lot of accounting magics working here. Otherwise you can't explain why they simply don't sell everything and buy bonds. I don't have a theory so hopefully some finance people can explain.