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Problem 29-15 Financial ratios The following table gives abbreviated balance sheets and income statements for Walmart. Balance Sheet (figures in $ millions) Assets Current

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Problem 29-15 Financial ratios The following table gives abbreviated balance sheets and income statements for Walmart. Balance Sheet (figures in $ millions) Assets Current assets: Cash and marketable securities Accounts receivable Inventories Other current assets Total current assets Fixed assets: Net fixed assets Other long-term assets Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable Other current liabilities Total current liabilities Long-term debt Other long-term liabilities Total liabilities Total shareholders' equity Total liabilities and shareholders' equity Fiscal 2019 Fiscal 2018 $ 9,465 $ 7,722 6,284 44,435 1,622 6,283 44,269 3,623 $ 61,806 $ 61,897 $ 127,049 $ 111,395 47,640 $ 46,003 $ 219,295 236,495 $ 46,973 30,817 $ 77,790 43,714 33,439 $ 47,060 30,417 $ 77,477 43,520 18,664 154,943 $ 139,661 81,552 79,634 $ $ 219,295 236,495

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