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Using the Fortune 500 company (Walmart) , look at their Financial Statements and find their Income Statement (it will be near the balance sheet, usually
Using the Fortune 500 company (Walmart) , look at their Financial Statements and find their Income Statement (it will be near the balance sheet, usually the page before or page after). Answer these questions:
- What is their total operating revenue for the most recent fiscal year?
- What is their total operating expenses for the most recent fiscal year?
- How much is their operating income for the most recent fiscal year?
- Did they have a net income or net loss for the year and how much was it?
- Did they have a lot of "other" income and expenses?
- Looking at their income statement and balance sheet from Chapter 4, what are your overall thoughts of the profitability and liquidity of the company? Would you invest in it?
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