Question Reference Walmart Accounting:

1. What 3 items of important information does the income statement reveal about the financial performance of the company over the last three years?

2. What 3 items of important information does the balance sheet reveal about the financial position of the company over the last two years?

3. Can you identify the major sources of funding used by the company from the information presented in the company's annual report? Please look at the Statement of Cash Flows, formerly called the Source and Uses of Funds Statement.

Walmart Inc. Consolidated Statements of Income- USD (S) shares in 12 Months Ended Millions, $ in Millions Revenues: Net sales Membership and other income Total revenues Costs and expenses: Cost of sales Operating, selling, general and administrative expenses Operating income Interest: Debt Capital lease and financing obligations Interest income Interest, net Gain (loss) on extinguishment of debt Income before income taxes Provision for income taxes Consolidated net income Consolidated net income attributable to noncontrolling interest Consolidated net income attributable to Walmart Net income per common share: Basic net income per common share attributable to Walmart Diluted net income per common share attributable to Walmart Weighted-average common shares outstanding Basic Diluted Dividends declared per common share 31-Jan-18 31--17 31-Jan-16 $495,761 4,582 500,343 $481,317 $478,614 4,556 485,873 3,516 482,130 373,396 361,256 101,853 22,764 360,984 97,041 24,105 20,437 2,027 521 1,978 352 $(152.00) $ (100.00) 2,178 3,136 15,123 4,600 10,523 2,044 323 (81.00) 2,467 2,267 20,497 6,204 14,293 21,638 6,558 15,080 $(661.00) (650.00) (386.00) 9,862 $13,643 $14.694 3.29 $4.40 4.58 $3.28 $4.38 $4.57 2,995 3,010 2.04 3,101 3,112 3,207 3,217 1.96