Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

WMT _ income - statement _ Annual _ As _ Originally _ Reported $ 2 , 0 2 3 . 0 0 Gross Profit $

WMT_income-statement_Annual_As_Originally_Reported $2,023.00
Gross Profit $147,568,000,000.00
Total Revenue $611,289,000,000.00
Business Revenue $611,289,000,000.00
Cost of Revenue $(463,721,000,000.00)
Cost of Goods and Services $(463,721,000,000.00)
Operating Income/Expenses $(127,140,000,000.00)
Selling, General and Administrative Expenses $(127,140,000,000.00)
Total Operating Profit/Loss $20,428,000,000.00
Non-Operating Income/Expense, Total $(3,412,000,000.00)
Total Net Finance Income/Expense $(1,874,000,000.00)
Net Interest Income/Expense $(1,874,000,000.00)
Interest Expense Net of Capitalized Interest $(2,128,000,000.00)
Interest Income $254,000,000.00
Irregular Income/Expense .
Gain/Loss on Extinguishment of Debt .
Other Income/Expense, Non-Operating $(1,538,000,000.00)
Pretax Income $17,016,000,000.00
Provision for Income Tax $(5,724,000,000.00)
Current Tax
Deferred Tax
Net Income before Extraordinary Items and Discontinued Operations $11,292,000,000.00
Net Income after Extraordinary Items and Discontinued Operations $11,292,000,000.00
Non-Controlling/Minority Interests $388,000,000.00
Net Income after Non-Controlling/Minority Interests $11,680,000,000.00
Net Income Available to Common Stockholders $11,680,000,000.00
Diluted Net Income Available to Common Stockholders $11,680,000,000.00
Income Statement Supplemental Section
Reported Normalized and Operating Income/Expense Supplemental Section
Total Revenue as Reported, Supplemental $611,289,000,000.00
Reported Total Operating Profit/Loss $20,428,000,000.00
Reported Effective Tax Rate $0.34
Reported Normalized Operating Profit $24,602,000,000.00
Operating Income/Expense, Supplemental Section
Depreciation, Amortization and Depletion, Supplemental
Depreciation and Amortization, Supplemental
Discontinued Operations
Basic EPS $1.43
Basic EPS from Continuing Operations $1.43
Basic EPS from Discontinued Operations
Diluted EPS $1.42
Diluted EPS from Continuing Operations $1.42
Diluted EPS from Discontinued Operations
Basic Weighted Average Shares Outstanding $8,172,000,000.00
Diluted Weighted Average Shares Outstanding $8,202,000,000.00
Reported Normalized Diluted EPS $2.10
Total Dividend Per Share $0.75
Regular Dividend Per Share Calc $0.75
Basic EPS $1.43
Diluted EPS $1.42
Basic WASO $8,172,000,000.00
Diluted WASO $8,202,000,000.00
Fiscal year ends in Jan 31| USD
TGT_income-statement_Annual_As_Originally_Reported $2,023.00
Gross Profit $26,891,000,000.00
Total Revenue $109,120,000,000.00
Business Revenue $107,588,000,000.00
Other Revenue $1,532,000,000.00
Cost of Revenue $(82,229,000,000.00)
Cost of Goods and Services $(82,229,000,000.00)
Operating Income/Expenses $(23,043,000,000.00)
Selling, General and Administrative Expenses $(20,658,000,000.00)
Depreciation, Amortization and Depletion $(2,385,000,000.00)
Depreciation and Amortization $(2,385,000,000.00)
Total Operating Profit/Loss $3,848,000,000.00
Non-Operating Income/Expense, Total $(430,000,000.00)
Total Net Finance Income/Expense $(478,000,000.00)
Net Interest Income/Expense $(478,000,000.00)
Interest Expense Net of Capitalized Interest $(478,000,000.00)
Other Income/Expense, Non-Operating $48,000,000.00
Pretax Income $3,418,000,000.00
Provision for Income Tax $(638,000,000.00)
Net Income before Extraordinary Items and Discontinued Operations $2,780,000,000.00
Net Income after Extraordinary Items and Discontinued Operations $2,780,000,000.00
Net Income after Non-Controlling/Minority Interests $2,780,000,000.00
Net Income Available to Common Stockholders $2,780,000,000.00
Diluted Net Income Available to Common Stockholders $2,780,000,000.00
Income Statement Supplemental Section
Reported Normalized and Operating Income/Expense Supplemental Section
Total Revenue as Reported, Supplemental $109,120,000,000.00
Reported Total Operating Profit/Loss $3,848,000,000.00
Reported Effective Tax Rate $0.19
Discontinued Operations
Basic EPS $6.02
Basic EPS from Continuing Operations $6.02
Basic EPS from Discontinued Operations
Diluted EPS $5.98
Diluted EPS from Continuing Operations $5.98
Diluted EPS from Discontinued Operations
Basic Weighted Average Shares Outstanding $462,100,000.00
Diluted Weighted Average Shares Outstanding $464,700,000.00
Reported Normalized Diluted EPS $6.02
Total Dividend Per Share $3.96
Regular Dividend Per Share Calc $3.96
Basic EPS $6.02
1. Find the 2022 annual balance sheets and income statements for Target and Walmart
2. Construct the ratio table for the following
Return on assets
Return on Capital
Return on Equity
Operating profit margin
efficiency ratioa
asset turnover
fix-asset turnover
receivables turnover
average collection period (days)
inventory turnover
days in inventory
leverage ratios
long-term debt ratio
long-term debt-equity ratio
total debt ratio
times interest earned
liquidity ratios
net woring capital to assets
current ratio
quick ratio
cash ratio

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ISO 27001 Controls A Guide To Implementing And Auditing

Authors: IT Governance

1st Edition

1787781445, 978-1787781443

More Books

Students also viewed these Accounting questions

Question

What do you understand by securities lending?

Answered: 1 week ago

Question

What are the objectives of Human resource planning ?

Answered: 1 week ago

Question

Explain the process of Human Resource Planning.

Answered: 1 week ago