Refer to the 2009 Form 10-K for Wal-Mart in Appendix A. Answer the following questions: 1. Locate
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1. Locate Wal-Mart’s 2009 balance sheet. What percentage of its total assets consists of cash and cash equivalents? How much long-term debt does Wal-Mart have?
2. Find Wal-Mart’s 2009 income statement. Have revenues increased or decreased over the last three years? Is the rate of increase rising?
3. Find Wal-Mart’s statement of stockholders’ equity. Did Wal-Mart pay a dividend between February 1, 2008, and January 31, 2009? Did Wal-Mart buy or sell any stock between February 1, 2008, and January 31, 2009?
4. Review Wal-Mart’s statement of cash flows. What activity generates most of Wal-Mart’s cash? What is Wal-Mart doing with all its money—buying back its own stock, investing in other companies, or something else?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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