Question
I had previously submitted a question but I received an e-mail to be more specific so I will try here: I need help briefly describing
I had previously submitted a question but I received an e-mail to be more specific so I will try here:
I need help briefly describing the change from the current and prior years in each of
these key areas and determining if the changes would be positive or negative
from an investor / stockholder's view:
The company that I choose to review was Walmart (WMT).I reviewed their Income Statement and Balance Sheet and obtained the following information:
20192018Up/Down
Assets$219.3B$204.52BUp 7.2%
Liabilities$139.66B$123.7BUp 12.9%
Equity$79.63B$80.82BDown -1.47%
Total Revenue$514.41B$500.34BUp 2.81%
Net Income$6.67B$9.86BDown -32.3%
In summary for 2018 and 2019: Assets are up 7.2%.Liabilities are up 12.9%.Equity is down -1.47%.Total Revenue is up 2.81%.Net Income is down -32.3%.
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