1. Describe two classifications of Assets and the listing order. Give 2 exaples of each classification of assets.

2. Describe two classifications of Liabilities and the listing order. Give 2 exaples of each classification of liabilities.

3. Compare the two year balance statements. What is the biggest positive change within your company? Explain how this may impact the company.

4. Compare the two year balance statements. What is the biggest negative change within your company? Explain how this may impact the company.

Company Name: Walmart (Enter your company name) Enter website reference url: https://finance.yahoo.com/quote/WMT/balance-sheet?p=WMT (Left-Hand Side) Assets 2020 2019 2020 2019 Net Change (in $) (+/-)* | Current Assets: Cash And Cash Equivalents Net (Account) Receivables $ Inventory $ Other Current Assets (Adjustment for #1): $ #1: Total Current Assets (CA) $ Walmart (Enter your company name) Balance Sheet ($ in Thousands) (Right-Hand Side) Net Change (in $)(+/-)* Liabilities & Stockholders Equity Current Liabilities 1,743,000 Current Debt & Accounts Payable $ 1,000 Taxes (Or All Other) Payable $ 166,000 Accrued liabilities $ (2,001,000) Other Current Liabilities (Adjustment for #4) (91,000) + #4: Total Current Liabilities (CL) $ 9,465,000 $ 6,284,000 $ 44,435,000 $ 1,622,000 $ 61,806,000 $ 7,722,000 $ 6,283,000 $ 44,269,000 $ 3,623,000 $ 61,897,000 $ 52,910,000 $ 280,000 $ 12,798,000 $ 11,802,000 77,790,000 $ 54,161,000 $ 428,000 $ 13,269,000 $ 9,619,000 $ 77,477,000 $ (1,251,000) (148,000) (471,000) 2,183,000 313,000 Non-Current (Fixed) Assets: Gross property, Plant and Equipment $ Accumulated Depreciation $ Net Property, plant & Equipment (Tangible Assets) $ 216,869,000 $ (89,820,000) $ 127,049,000 $ 198,570,000 $ (87,175,000) $ 111,395,000 $ 18,299,000 (2,645,000) 15,654,000 Non-Current (Long Term) Liabilities Long Term Debt: $ Deferred Taxes Liabilities $ Other Non-Current Liabilities (Adjustment for #5): $ #5: Total Non-Current (Long-Term) Liabilities (NCL) $ 43,714,000 $ 12,961,000 $ 20,478,000 $ 77,153,000 $ 43,520,000 $ 11,981,000 $ 6,683,000 $ 62,184,000 $ 194,000 980,000 13,795,000 14,969,000 + 154,943,000 $ 139,661,000 $ 15,282,000 (108,000) 1,745,000 Goodwill $ Other long-term assets $ Other Non-Current Assets Adjustment for #2) $ Net Intangible Assets $ 31,073,000 $ 16,567,000 $ $ 47,640,000 $ 31,181,000 $ 14,822,000 $ $ 46,003,000 $ #6: Total Liabilities (L=CL+NCL) $ Stockholders' Equity Common Stock $ Retained Earnings $ Other Shareholder Equity (Adjustment for #7) $ Total Stockholder Equity (SE) $ 1,637,000 284,000 $ 83,943,000 $ (2,675,000) $ 81,552,000 $ 288,000 $ 80,785,000 $ (1,439,000) $ 79,634,000 $ (4,000) 3,158,000 (1,236,000) 1,918,000 #2: Total Non-Current (Fixed) Assets (NCA) $ 174,689,000 $ 157,398,000 $ 17,291,000 #3: Total Assets (CA+NCA): $ 236,495,000 $ 219,295,000 $ 17,200,000 #7: Total (L+SE): $ 236,495,000 $ 219,295,000 $ 17,200,000 Notes*: (+/-) indicates postive (+) or negative (-) change. Student must enter whether the net change promote a positive or negative impact on the company financials