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Chapter 3

Analyzing Financial Statements

Go to the website of Walmart Stores, Inc., at www.walmartstores.com and get the latest financial statements from the annual report using the following steps.

Click on Investors. Click on Financial Information. Click on Annual Reports. Click on the most recent date. This will bring the file onto your computer that contains the relevant data.

Using the most recent balance sheet and income statement, calculate any 3 financial ratios for the firm.