As an employee, write an internal memo to your manager addressing the following:

Using the Internet, locate the most recent annual report of a company of your choosing and write an initial post by responding to the following: (WALMART IS MY COMPANY)

Do not research the company listed in the text.

For the most recent day indicated, what were the highest and lowest prices at which the companys common stock sold?

Find the companys balance sheet and determine the following: the number of outstanding shares of common stock and the average price at which those shares were originally sold.

What is the relationship between the current market price and the amount you have calculated in part b as the average price at which the stock originally sold?

Find the companys income statement and identify the trend in basic earnings per share, including discontinued operations. Did discontinued operations have a significant impact on EPS?

For the most recent year, what is the average number of shares of common stock that was used to compute basic earnings per share? Why is that number different from the number outstanding in the companys balance sheet?

Current Liabilities
Accounts Payable	10,989,000	11,654,000	11,542,000
Short/Current Long Term Debt	1,718,000	815,000	91,000
Other Current Liabilities	1,000	153,000	103,000
Total Current Liabilities	12,708,000	12,622,000	11,736,000
Long Term Debt	11,031,000	11,945,000	12,634,000
Other Liabilities	1,878,000	1,915,000	1,645,000
Deferred Long Term Liability Charges	861,000	823,000	1,160,000
Minority Interest	-	-	-
Negative Goodwill	-	-	-
Total Liabilities	26,478,000	27,305,000	27,175,000
Stockholders' Equity
Misc. Stocks Options Warrants	-	-	-
Redeemable Preferred Stock	-	-	-
Preferred Stock	-	-	-
Common Stock	46,000	50,000	53,000
Retained Earnings	5,884,000	8,188,000	9,644,000
Treasury Stock	-	-	-
Capital Surplus	5,661,000	5,348,000	4,899,000
Other Stockholder Equity	-638,000	-629,000	-599,000
Total Stockholder Equity	10,953,000	12,957,000	13,997,000
Net Tangible Assets	10,953,000	12,957,000	13,997,000

Period Ending Current Assets Cash And Cash Equivalents 1/28/2017 1/30/2016 1/31/2015 2,512,000 4,046,000 2,210,000 Short Term Investments Net Receivables 8,309,000 1,169,000 11,990,000 8,601,000 1,483,000 14,130,000 8,282,000 3,132,000 13,624,000 Inventory Other Current Assets Total Current Assets Long Term Investments Property Plant and Equipme Goodwill Intangible Assets nt 24,658,000 25,217,000 25,952,000 Accumulated Amortization Other Assets Deferred Long Term Asset Charges Total Assets 783,000 915,000 1,596,000 37,431,000 40,262,000 41,172,000