To calculate the growth in Walmart's real revenue, we need to adjust the revenue figures for inflation using the Consumer Price Index (CPI).

First, we need to calculate the inflation rate from 2012 to 2014: Inflation rate = ((CPI in 2014 - CPI in 2012) / CPI in 2012) * 100 Inflation rate = ((236.7 - 229.6) / 229.6) * 100 Inflation rate = (7.1 / 229.6) * 100 Inflation rate = 3.1%

Next, we adjust the revenue in 2014 for inflation: Real revenue in 2014 = Revenue in 2014 * (100 / (100 + Inflation rate)) Real revenue in 2014 = $486 billion * (100 / (100 + 3.1)) Real revenue in 2014 = $486 billion * (100 / 103.1) Real revenue in 2014 = $471.09 billion

Now, we calculate the inflation rate from 2014 to 2017: Inflation rate = ((CPI in 2017 - CPI in 2014) / CPI in 2014) * 100 Inflation rate = ((245.1 - 236.7) / 236.7) * 100 Inflation rate = (8.4 / 236.7) * 100 Inflation rate = 3.5%

Finally, we adjust the revenue in 2017 for inflation: Real revenue in 2017 = Revenue in 2017 * (100 / (100 + Inflation rate)) Real revenue in 2017 = $500 billion * (100 / (100 + 3.5)) Real revenue in 2017 = $500 billion * (100 / 103.5) Real revenue in 2017 = $482.37 billion

To calculate the growth in real revenue, we subtract the real revenue in the base year (2012) from the real revenue in the final year (2017): Growth in real revenue = Real revenue in 2017 - Real revenue in 2014 Growth in real revenue = $482.37 billion - $471.09 billion Growth in real revenue = $11.28 billion

Therefore, the growth in Walmart's real revenue, using 2012 as the base year, is $11.28 billion.

Walmart Real Revenue Growth: 2014 - 2017 (Adjusted for Inflation)

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