What are Walmart's two largest assets on the balance sheet (in $ amount)? how does these assets reflect Walmart's strategy?2. What is Walmart's largest current liability in dollar amount? What does it represent?3. What is Walmart's largest liability in $ amount? In what types of assets did Walmart likely invest this financing? 

 

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Assets: Walmart 61 Exhibit 1.19 Wal-Mart Stores, Inc. Balance Sheets as of January 31 (amounts in millions; allow for rounding) (Integrative Case 1.1) 2014 2015 2016 Cash and cash equivalents Accounts and notes receivable-net Inventories $ 7,281 $ 9,135 $ 8,705 6,677 6,778 5,624 44,858 Prepaid expenses and other current assets Current assets of discontinued segments Current Assets Property, plant, and equipment-at cost Accumulated depreciation Goodwill Other assets Total Assets Liabilities and Equities: Accounts payable 1,909 45,141 2,224 44,469 1,441 460 - $ 61,185 $ 63,278 $ 60,239 178,678 (60,771) 182,634 (65,979) 188,054 19,510 18,102 (71,538) 16,695 6,149 $204,751 5,455 $203,490 6,131 $199,581 $ 37,415 $ 38,410 $ 38,487 Current accrued expenses 18,793 19,152 19,607 Notes payable and short-term debt 7,670 1,592 2,708 Current maturities of long-term debt 4,412 5,078 3,296 Income taxes payable Current Liabilities Long-term debt obligations 966 1,021 521 Current liabilities of discontinued operations 89 $ 69,345 $ 65,253 $ 64,619 44,559 Deferred tax liabilities-noncurrent 8,017 43,495 8,805 44,030 7,321 Redeemable noncontrolling interest 1,491 - Total Liabilities $123,412 $117,553 $115,970 Common stock + Additional paid-in capital 2,685 2,785 2,122 Retained earnings 76,566 85,777 90,021 Accum. other comprehensive income (loss) (2,996) (7,168) Noncontrolling interests Total Common Shareholders' Equity Total Equity $ 76,255 $ 81,394 Total Liabilities and Equities 5,084 $ 81,339 $204,751 4,543 $ 85,937 $203,490 (11,597) $ 80,546 $ 83,611 3,065 $199,581 Source: Wal-Mart Stores, Inc. Forms 10-K for the three fiscal years ended January 31, 2014, 2015, and 2016. Assets: Walmart 61 Exhibit 1.19 Wal-Mart Stores, Inc. Balance Sheets as of January 31 (amounts in millions; allow for rounding) (Integrative Case 1.1) 2014 2015 2016 Cash and cash equivalents Accounts and notes receivable-net Inventories $ 7,281 $ 9,135 $ 8,705 6,677 6,778 5,624 44,858 Prepaid expenses and other current assets Current assets of discontinued segments Current Assets Property, plant, and equipment-at cost Accumulated depreciation Goodwill Other assets Total Assets Liabilities and Equities: Accounts payable 1,909 45,141 2,224 44,469 1,441 460 - $ 61,185 $ 63,278 $ 60,239 178,678 (60,771) 182,634 (65,979) 188,054 19,510 18,102 (71,538) 16,695 6,149 $204,751 5,455 $203,490 6,131 $199,581 $ 37,415 $ 38,410 $ 38,487 Current accrued expenses 18,793 19,152 19,607 Notes payable and short-term debt 7,670 1,592 2,708 Current maturities of long-term debt 4,412 5,078 3,296 Income taxes payable Current Liabilities Long-term debt obligations 966 1,021 521 Current liabilities of discontinued operations 89 $ 69,345 $ 65,253 $ 64,619 44,559 Deferred tax liabilities-noncurrent 8,017 43,495 8,805 44,030 7,321 Redeemable noncontrolling interest 1,491 - Total Liabilities $123,412 $117,553 $115,970 Common stock + Additional paid-in capital 2,685 2,785 2,122 Retained earnings 76,566 85,777 90,021 Accum. other comprehensive income (loss) (2,996) (7,168) Noncontrolling interests Total Common Shareholders' Equity Total Equity $ 76,255 $ 81,394 Total Liabilities and Equities 5,084 $ 81,339 $204,751 4,543 $ 85,937 $203,490 (11,597) $ 80,546 $ 83,611 3,065 $199,581 Source: Wal-Mart Stores, Inc. Forms 10-K for the three fiscal years ended January 31, 2014, 2015, and 2016.