Walmart is the worlds largest retailer (as measured by revenues). Based in Arkansas and founded by the legendary Sam Walton, Walmart has over 10,000 retail units worldwide, including stores in all 50 states and Puerto Rico, as well as in 26 other countries. The firm has more than 2 million employees and 200 million customers. Your task is to assess Walmarts financial health by examining the firms 2011 and 2012 consolidated Income Statement and Balance Sheet presented below. Make sure to calculate the following ratios and use them to formulate your argument. 1. Return on equity 2. Gross Margin 3. EBIT Margin 4. Operating expense 5. Fixed asset turnover 6. Age of inventory 7. Current ratio 8. Quick ratio 9. Debt-to-assets ratio 10. Debt-to-equity ratio Consolidated Income Statement Consolidated Balance Sheet