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Given are Income statements and balance sheet for Walmart, using this information calculate: 1. Working capital = current assets current liabilities 2. Current ratio =

Given are Income statements and balance sheet for Walmart, using this information calculate:

1. Working capital = current assets current liabilities

2. Current ratio = current assets / current liabilities

3. Ratio of fixed assets to long-term liabilities = fixed assets (net) / longterm liabilities

4. Return on total assets = net income + interest expense / average total assets

5. Calculate for 2020 and 2021

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions Jul. 31, 2021 Jan. 31, 2021 Jul. 31, 2020
Current assets:
Cash and cash equivalents $ 22,831 $ 17,741 $ 16,906
Receivables, net 6,103 6,516 5,111
Inventories 47,754 44,949 41,084
Prepaid expenses and other 1,555 20,861 1,895
Total current assets 78,243 90,067 64,996
Property and equipment, net 91,621 92,201 101,182
Operating lease right-of-use assets 13,868 13,642 16,869
Finance lease right-of-use assets, net 4,109 4,005 4,843
Goodwill 29,159 28,983 29,542
Other long-term assets 21,552 23,598 19,950
Total assets 238,552 252,496 237,382
Current liabilities:
Short-term borrowings 671 224 357
Accounts payable 49,601 49,141 46,326
Dividends payable 3,109 0 3,060
Accrued liabilities 23,915 37,966 23,768
Accrued income taxes 267 242 610
Long-term debt due within one year 1,617 3,115 5,553
Operating lease obligations due within one year 1,441 1,466 1,734
Finance lease obligations due within one year 501 491 549
Total current liabilities 81,122 92,645 81,957
Long-term debt 39,581 41,194 40,959
Long-term operating lease obligations 13,116 12,909 15,669
Long-term finance lease obligations 3,952 3,847 4,673
Deferred income taxes and other 13,654 14,370 12,927
Commitments and contingencies
Equity:
Common stock 278 282 283
Capital in excess of par value 3,655 3,646 3,197
Retained earnings 84,572 88,763 87,614
Accumulated other comprehensive loss (7,976) (11,766) (15,784)
Total Walmart shareholders' equity 80,529 80,925 75,310
Noncontrolling interest 6,598 6,606 5,887
Total equity 87,127 87,531 81,197
Total liabilities and equity $ 238,552 $ 252,496 $ 237,382

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