Company name Walmart please search for financial statement of the recent year

Overview

• Describe the content and purpose of the three main financial statements.

Balance Sheet

• What are the balances at year-end for assets, liabilities, and stockholders equity?
• Prepare a common-size Balance Sheet. Be sure to properly label and form this financial statement.
• Review the Notes to the financial statement:
  • What Inventory Method does the company use?
  • What other pertinent information does the company disclose about their inventory
  • What does the company disclose regarding fixed assets and depreciation?

Income Statement

• What is revenue, gross profit, and net income for the year?
• Prepare a common-size Income Statement. Be sure to properly label and form this financial statement.
• Are there any special items on the Income Statement (e.g. Discontinued Operations, Extraordinary items)? If so, describe the event that caused the item and why is this event classified as a special item.
• Review the Notes to the financial statement:
  • Describe the companys policy on revenue recognition.

Statement of Cash Flows

• What are the cash flow totals for operating, investing, and financing activities?
• What are some of the main investing and financing activities that occurred? If there are negative cash flow totals, describe whether this cash outflow has a positive or negative impact on the companys sustainability. Why?

Managements Discussion and Analysis (MD&A)

• Highlight 3 interesting topics discussed in the MD&A section of the annual report.
  • How does the information presented impact the financial statements and relevant ratios?