Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 . Looking over the Consolidated Statements of Income in the Annual Report, how much are total revenues for Walmart for January 3 1 ,

image text in transcribed
1. Looking over the Consolidated Statements of Income in the Annual Report, how much are total revenues for Walmart for January 31,2022? How does this compare from prior years?2. Looking over the Consolidated Statements of Income in the Annual Report, what are the consolidated net income attributable to Walmart as January 31,2022? How does this compare to prior years?3. Looking over the Consolidated Balance Sheet in the Annual Report, how much are total total assets for Walmart as of January 31,2022? How does this compare to prior years?4. Looking over the Notes to the financial statements in the Annual Report, what inventory method does Walmart use? Why?5. Looking over the Stock Info in the Walmart Investor Relations link, what exchange does Walmart list on? What symbol does it list under? What is the stock price for today?
Walmart Inc.
Consolidated Balance Sheets
Ser acxouypunying notes.
Walmart Inc.
Consolidated Statements of Income
\table[[\table[[(Amounts in millions, except per share data)],[Revenues:]],Fiscal Years Ended January 31,],[2022,2021,2020],[,,,,,],[Net sales,s,567,762,$,555,233,$,519,926],[Membership and other income,,4,992,,3,918,,4,038],[Total revenues,,572,754,,559,151,,523,964],[Costs and expenses:],[Cost of sales,,429,000,,420,315,,394,605],[Operating, selling, general and administrative expenses,,117,812,,116,288,,108,791],[Operating income,,25,942,,22,548,,20,568],[Interest:],[Debt,,1,674,,1,976,,2,262],[Finance lease,,320,,339,,337],[Interest income,,(158),,(121),,(189)],[Interest, net,,1,836,,2,194,,2,410],[Loss on extinguishment of debt,,2,410,,-,,-],[Other (gains) and losses,,3,000.,,(210),,(1,958)
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

IFRS edition volume 2

978-0470613474, 470613475, 978-0470616314

Students also viewed these Accounting questions

Question

What resources are most critical to your location decision? LO.1

Answered: 1 week ago