Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using only the condensed financial statements provided, how much did Walmart approximatelypay in dividends (Consider dividends to refer to dividends and share buybacks both. Share

Using only the condensed financial statements provided, how much did Walmart approximatelypay in dividends (Consider dividends to refer to dividends and share buybacks both. Share buybacks are basically dividends too as money is returned to shareholders) (for the time period of Feb 1st, 2018 to January 31st, 2019)

??

image text in transcribed
AaBbCcDo AaBbCCDc AaB AaBl AaBbC AaBb( AaBbC AaBbCCD AdBbCCD XEr Condensed Income Statement of Walmart Inc.+ 12 Months Ended+ Jan. 31, 2019, Jan. 31, 2018+ + Revenues:+ Total revenuese 514,405+ 500,3434 Costs and expenses:+ Cost of sales. 385,301+ 373,396-2 Operating, selling, general and administrative expenses. 107,147- 106,510-P Operating income+ 21,957+ 20,4374+ Interest:" Interest, nete 2,129- 2,178- Consolidated net income- 7,179- 10,523 4+ Weighted-average common shares outstanding:" Basic- 2,929 2,995- Condensed Statement of Cash Flows of Walmart Inc. 12 Months Ended+ Jan. 31, 2019 Jan. 31, 20184+ Cash flows from operating activities: Consolidated net income $ 7,179 . $ 10,523 Adjustments to reconcile income from continuing operations to net cash provided by operating activities: Depreciation and amortization 10,678- 10,529- Net cash provided by operating activities 27,753- 28,337- Cash flows from investing activities:- Payments for property and equipment -10.344- -10,051- Proceeds from the disposal of property and equipment 519. 37840 Proceeds from the disposal of certain operations 876- 1,046- O ASUS

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Statement Analysis And Security Valuation

Authors: Stephen H Penman

4th Edition

0073379662, 9780073379661

More Books

Students also viewed these Accounting questions

Question

Why do myths emerge around phenomena such as entrepreneurship?

Answered: 1 week ago

Question

3. Keep a list of suggestions.

Answered: 1 week ago

Question

Self-confidence

Answered: 1 week ago

Question

The number of people commenting on the statement

Answered: 1 week ago