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Walmart https://www.sec.gov/ix?doc=/Archives/edgar/data/104169/000010416921000033/wmt-20210131.htm#iaaf0cabf1f7048c9b7e317b3e9c1cfc5_115 Category 2: Retained Earnings 1. Use the following equation and show how the Retained Earnings account has changed over the past two years.

Walmart

https://www.sec.gov/ix?doc=/Archives/edgar/data/104169/000010416921000033/wmt-20210131.htm#iaaf0cabf1f7048c9b7e317b3e9c1cfc5_115

Category 2: Retained Earnings 1. Use the following equation and show how the Retained Earnings account has changed over the past two years. Retained earnings, beginning balance + Prior period adjustments = Retained earnings, adjusted balance + Net Income - Retirement of Treasury stock - Dividends = Retained earnings, ending balance

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