Question
Walmart 1. Identify the corporation(Walmart) by the location of the home office, the CEO, fiscal year, description of the principal products and/or services, primary geographic
Walmart
1. Identify the corporation(Walmart) by the location of the home office, the CEO, fiscal year, description of the principal products and/or services, primary geographic activity, corporation auditors (state what the auditors said about the company financial products) and the most recent stock price and dividend per share.
2. Describe the industry that the corporation is in and the industry outlook. Review the corporation management letter as well as your research on the corporation and summarize the corporation's future plans.
3. Review the financial statements. Explain each's format. Show the corporation's accounting equation. Determine the gross profit, net income from operations and net income for the last two years and comment on the changes between the years.In the cash flow discuss how the cash flow from operating activities was different from the net income, whether the company is expanding through investing activities and the most important source of financing.
4. Describe the corporation's significant accounting policies relating to revenue recognition, cash, accounts receivable, short-term investments, inventory, and property,plant and equipment.
Please document your calculations for 10 ratios of your choice for the last two years and explain the significance of each ratio
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