Locate the 2009 Form 10-K for Wal-Mart in Appendix A and consider the following questions: 1. Examine

Question:

Locate the 2009 Form 10-K for Wal-Mart in Appendix A and consider the following questions:
1. Examine Wal-Mart’s as of January 31, 2009. What percent of the increase in Wal-Mart’s total assets from 2008 to 2009 was financed with an increase in the company’s long-term debt?
2. Compute Wal-Mart’s debt ratio for 2009 and 2008. Is the ratio increasing or decreasing? Identify the primary reason for the change.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...