Walmart, being a multinational retail corporation, follows a systematic approach to determine its capital budget and capital structure. Here are some details to help you with your project:

1. Capital Budgeting: Capital budgeting involves the process of planning and allocating financial resources for long-term investment projects. Walmart employs the following methods to evaluate potential investment opportunities:

a. Net Present Value (NPV): Walmart calculates the NPV of investment projects by discounting the expected cash flows to their present value using an appropriate discount rate. If the NPV is positive, the project is considered viable.

b. Internal Rate of Return (IRR): This method helps Walmart determine the rate of return at which the net present value of an investment project is zero. If the project's IRR exceeds the required rate of return, it is accepted.

c. Payback Period: Walmart considers the time required to recover the initial investment as an important factor. Projects with shorter payback periods are preferred.

d. Return on Investment (ROI): Walmart evaluates potential investments based on the expected return on investment. Higher ROI projects are given priority.

e. Risk Assessment: Walmart considers the risk associated with an investment project by analyzing market trends, competition, and other relevant factors. Projects with lower risk are generally preferred.

Explanation:

Capital budget: Walmart's capital budget is a plan for how the company will spend its money on long-term investments. These investments can include new stores, renovations, equipment, and technology. Walmart's capital budget is based on a number of factors, including the company's financial goals, its growth plans, and the availability of capital.

• 2. Capital structure: Walmart's capital structure is the mix of debt and equity that the company uses to finance its operations. The company's capital structure is determined by several factors, including the company's risk tolerance, its access to capital, and the tax benefits of debt financing.

Walmart uses a variety of factors to decide its capital budget and capital structure. These factors include:

• The company's financial goals: Walmart's financial goals include increasing sales, growing profits, and returning capital to shareholders. The company's capital budget and capital structure are designed to help the company achieve these goals.
• The company's growth plans: Walmart is a growth company, and it needs to invest in new stores, renovations, and equipment to support its growth. The company's capital budget and capital structure are designed to provide the funds that the company needs to grow.
• The availability of capital: Walmart has access to a variety of sources of capital, including debt, equity, and retained earnings. The company's capital budget and capital structure are designed to take advantage of the most cost-effective sources of capital.
• The company's risk tolerance: Walmart is a risk-averse company, and it prefers to use a conservative capital structure. The company's capital budget is designed to minimize the risk of financial distress.

Explanation:

Capital structure refers to the mix of debt and equity used to finance a company's operations

Here are some additional details about Walmart's capital budget and capital structure:

• Balance sheet: As of January 31, 2023, Walmart had total assets of $352.4 billion. Of these assets, $122.2 billion were cash and equivalents, $103.9 billion were inventory, and $107.1 billion were property and equipment. The company also had total liabilities of $174.5 billion, of which $115.3 billion were long-term debt.
• Income statement: For the fiscal year ended January 31, 2023, Walmart generated total revenue of $572.8 billion. The company's net income was $15.2 billion, and its earnings per share were $6.28.
• Capital structure: As of January 31, 2023, Walmart's capital structure was 59% debt and 41% equity. The company's long-term debt is rated investment-grade by all three major credit rating agencies.
• Capital budgeting: Walmart's capital budgeting process is a rigorous one. The company evaluates all potential capital investments using a variety of methods, including discounted cash flow analysis. Walmart only invests in projects that are expected to generate a positive return on investment.

Explanation:

A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time.

can someone look @ the information given at the top give me a conclusion for my project thats the last step i need for my project please give the answer in detail

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