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Use following information to calculate Financial Leverage (FLEV) for Walmart for 2011: 2011 WALMART NCOME STATIMENT TOTAL REVENUES Operating Expenses OPERATING PROFIT (EBIT) Non-operating Expneses

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Use following information to calculate Financial Leverage (FLEV) for Walmart for 2011: 2011 WALMART NCOME STATIMENT TOTAL REVENUES Operating Expenses OPERATING PROFIT (EBIT) Non-operating Expneses (Net Interest Expense) TAXABLE PROFIT (EBT) 421,849 396,307 25,542 2,004 25,538 7,579 15,959 2011 173,137 7.526 180,665 NET INCOME FROM CONTINUED OPERATIONS BALANCE SHEET 167,749 OPERATING ASSETS NON-OPERATING ASSETS TOTAL ASSETS 2010 162,360 8.047 170,407 7.787 175,535 56,040 59,092 57,569 OPERATING LAB NON-OPERATING LIAB SH EQUITY TOTAL LIAB+EQUITY O A 127 B.0.98 C.053 0.0 23 E 3.41

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