Retrieve the most recent annual reports of Walmart and Abercrombie & Fitch from their Web sites. Compare

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Retrieve the most recent annual reports of Walmart and Abercrombie & Fitch from their Web sites. Compare the leverage ratios of 2 retailers for the past 2 years. Can you guess which company relies more heavily on operating leases? Look care fully in the notes to the financial statements. Why are operating leases relatively more important to one of the companies?
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Fundamentals of Corporate Finance

ISBN: 978-1259024962

6th Canadian edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim

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