Using the Fortune 500 company (Walmart) , look at their Financial Statements and find their balance sheet (you may need to search for it, type Ctrl F and search for Balance Sheet). Answer these questions:

1. Look at the top of the balance sheet, are the amounts stated in millions, thousands, dollars?
2. How much is their total current assets?
3. What other classifications of assets do they have? Identify each classification and the dollar amount.
4. How much is their total current liabilities?
5. What other classifications of liabilities do they have? Identify each classification and the dollar amount.
6. How much equity do they have?
7. Companies will fund their operations and growth by using Debt and/or Equity. Compare the Total Long Term Liabilities (all liabilities that are not current liabilities) "Debt" to the Total Equity "Equity". Explain which your company uses, debt, equity or both. If they use both, which do they use more.