Fortune 500, Part 2

Exxon ranked second on the 2010 Fortune 500 list with sales of $284.6 billion, but ranked first in profits with net income of $19.3 billion. Wal-Mart was #1 on the Fortune 500 list of American’s largest corporations with revenues of $408 billion, but third in profits with earnings of $14.6 billion.

Question: What company ranked second in profits ahead of Wal-Mart?

A. General Electric (revenues of $157 billion)
B. AT&T (revenues of $123 billion)
C. IBM (revenues of $96 billion)
D. Microsoft (revenues of $58 billion)

D. Microsoft: Microsoft ranked only 36th on the Fortune 500 in sales, but ranked second in profits with net income of $14.6 billion. A complete listing of the 2010 Fortune 500 is available at:

For questions, contact Bill Pinkovitz