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Compare the financial statements of Wal-Mart and Kmart To locate the financial statements, go to the Investors section of the company website and access the
Compare the financial statements of Wal-Mart and Kmart
To locate the financial statements, go to the Investors section of the company website and access the most recent annual report. Be sure when you are comparing the companies, the annual report selected is for the same year. Please answer the following:
- What are the differences and similarities between their income statements?
- What are the differences and similarities between their balance sheets? What classifications are presented?
- Locate the notes to the financial statements and highlight some of the notes you found that would be of interest to investors about each company.
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