Answered step by step
Verified Expert Solution
Question
1 Approved Answer
14) The Table below contains the financial results for Walmart and Macy's for 2012. Determine the Inventory Turnover, Weeks of Supply, APT, INVT, PPET,
14) The Table below contains the financial results for Walmart and Macy's for 2012. Determine the Inventory Turnover, Weeks of Supply, APT, INVT, PPET, C2C for both Walmart and Macy's. (tax rate -35%) Walmart.com Macy's Period Ending Jan-31-13 Jan-31-13 Total Revenue ($ millions) 469,162 27,686 Cost of Goods Sold 352,488 16,538 Gross Profit 116,674 11,148 Selling, General, and Administrative 88,873 8,482 Operating Income or Loss 27,801 2,661 Interest Expense 2,251 425 Other income (loss)-net 187 (134) Income Before Tax 25,737 2,102 Income Tax Expense 7,981 767 Net Income 17,756 1,198 Assets Cash and Cash Equivalents 7,781 1,836 Net Receivables 6,768 371 Inventory 43,803 5,308 Total Current Assets 59,940 7,876 Property, Plant, and Equipment (PP&E) 116,681 8,196 Goodwill 20,497 3,743 Other Assets 5,987 615 Total Assets 203,105 20,991 Liabilities and Stockholder Equity Accounts Payable 59,099 4,951 Short-Term Debt 12,719 124 Other Current Liabilities 71,818 5,075 Long-Term Debt 41,417 6,806 Other Liabilities Total Liabilities Total Stockholder Equity 4,242,000 341,000 126,243 14,940 76,343 6,051 I*
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started