Using the financial data provided for Walmart Inc., create a classified balance sheet as of the end
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Question:
- Using the financial data provided for Walmart Inc., create a classified balance sheet as of the end of the fiscal year. Ensure proper classification of assets, liabilities, and equity.
Assets | Amount (in millions) | Liabilities and Equity | Amount (in millions) |
Current Assets | $100,000 | Current Liabilities | $70,000 |
- Cash and Cash Equivalents | $10,000 | - Accounts Payable | $30,000 |
- Inventory | $30,000 | - Short-term Debt | $20,000 |
Non-current Assets | $150,000 | Non-current Liabilities | $80,000 |
- Property, Plant, & Equipment | $100,000 | - Long-term Debt | $50,000 |
- Investments | $50,000 | - Shareholders' Equity | $100,000 |
Total Assets | $250,000 | Total Liabilities and Equity | $250,000 |
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