Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can u explain and analyse these activity ratios Activity ratio evaluate Walmart Inc.'s effectiveness in managing asset Asset turnover Trend 2018 Walmart Inc. 2019 2020

image text in transcribedcan u explain and analyse these activity ratios
Activity ratio evaluate Walmart Inc.'s effectiveness in managing asset Asset turnover Trend 2018 Walmart Inc. 2019 2020 2.43 2.30 Net sales S523,964 5 227,895 WMT Market Comparison TGT COST Comp. 1.99 248 Average total assets 2.30 3.30 Trend 2018 2019 2020 5523,964 Receivable turnover Net sales Average accounts receivable (net) WMT TGT COST Comp. 87.40 B6.48 83.39 $ 6,284 83.39 108.11 Trend 2018 2019 2020 365 Average collection period 365 Receivables turnover WMT TGT COST Comp. 83.39 4 Inventory turnover Cost of goods sold Trend 2018 2019 2020 $ 394,605 WMT TGT COST 12.26 Comp. 8.60 8.75 8.90 $ 44,352 Average Inventory 8.90 6.74 Trend 2018 2019 2020 365 Average days in inventory 365 Inventory turnover WMT TGT COST Comp. 42 42 41 8.90 29.76 41.02 54.18

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

Students also viewed these Accounting questions

Question

Identify three ways to manage an intergenerational workforce.

Answered: 1 week ago

Question

Prepare a Porters Five Forces analysis.

Answered: 1 week ago

Question

Analyze the impact of mergers and acquisitions on employees.

Answered: 1 week ago