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for the company Walmart have to choose a company for the following question for year 2019 2020 and the company to chose is walmart 2.
for the company Walmart
have to choose a company for the following question for year 2019 2020 and the company to chose is walmart
2. Indicate the company's Cash and Cash Equivalents and Accounts Receivable (or other Receivables) balances for the two most current years. 3. Compute Accounts Receivable Turnover and Number of Days' Sales in Receivables for the two most current years (use Total Revenues for Sales). You'll need to look at the previous year's annual report in order to average Accounts Receivable. Show your work! 4. Read about Cash and Cash Equivalents in the Notes to the Financial Statements and briefly summarize what you find. Use your own words! 5. Read about Accounts Receivable in the Notes to the Financial Statements and briefly summarize what you find. Does the company mention a method for computing allowance for doubtful accounts? Use your own words! Also, explain what Accounts Receivable, net means. 6. Find and read the Report of Independent Registered Public Accounting Firm a. Who is the auditor? b. What did they find? c. What did they say about Internal Control? 7. Find the Management Annual Report on Internal Control - read and briefly summarize what is said in this report. Why do you think this report is included in all annual reports of public companies Step by Step Solution
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