a. Walmarts net sales were 370 billion in the fiscal year 2021. Thats about 8.6% up from 341 billion for the fiscal year 2020. Their net sales are more than 500 billion U.S. dollars, and their network size is 386 billion U.S. dollars.

b. The stocks have gradually increased in value over the years. Starting at under 15.00 a share and now are well over 47.00 a share now.

III. Ratio calculations Calculate the profitability ratios (3), asset utilization (5), liquidity (2), and debt utilization (3) ratios for the last year of the posted financial statements of your company.

IV. Based on the ratios in III, evaluate how well your company is performing. What can you conclude about your companys financial health?

A. Profitability ratios 1. Profit margin 2. Return on assets (investment) 3. Return on equity

B. Page 58 Asset utilization ratios 4. Receivable turnover 5. Average collection period 6. Inventory turnover 7. Fixed asset turnover 8. Total asset turnover

C. Liquidity ratios 9. Current ratio 10. Quick ratio D. Debt utilization ratios 11. Debt to total assets 12. Times interest earned 13. Fixed-charge coverage

Key results (Amounts in billions, except as noted. Dollar and percentage changes may not recalculate due to rounding.) Q4 FY21 Q4 FY20 Change FY21 FY20 Change Revenue $152.1 $141.7 $10.4 7.3% $559.2 $524.0 $35.2 6.7% Revenue (constant currency)2 $152.3 $141.7 $10.7 7.5% $564.2 $524.0 $40.2 7.7% Operating income $5.5 $5.3 $0.2 3.1% $22.5 $20.6 $2.0 9.6% Operating income (constant currency)2 $5.5 $5.3 $0.2 3.4% $22.8 $20.6 $2.2 10.6% Adjusted operating income (constant currency)2 $5.7 $5.9 -$0.2 -3.2% $23.4 $21.4 $2.0 9.3% Free Cash Flow2 FY21 $ Change Returns to Shareholders FY21 % Change Operating cash flow $36.1 $10.8 Dividends $6.1 1.0% Capital expenditures $10.3 -$0.4 Share repurchases3 $2.6 -54.1% Free cash flow2 $25.8 $11.3 Total $8.7 -25.8%