Using Wal-Marts 2009 Form 10-K in Appendix A, answer the following questions: 1. Compute the following ratios
Question:
1. Compute the following ratios for Wal-Mart for 2008 and compare those results to the 2009 results—debt ratio, current ratio, returns on sales, asset turnover, and return on equity. For which of these ratios did Wal-Mart improve from 2008 to 2009?
2. Wal-Mart’s fiscal 2009 inventory represents what percentage of sales? What percentage of total assets does this line item represent? Why do you think Wal-Mart has so much money tied up in inventory?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Real Company Analysis 1 2008 Debt ratio 98906163514 605 2008 Current ratio 4802058478 082 2008 Retur...View the full answer
Answered By
Rustia Melrod
I am a retired teacher with 6 years of experience teaching various science subjects to high school students and undergraduate students. This background enables me to be able to help tutor students who are struggling with the science of business component of their education. Teaching difficult subjects has definitely taught me patience. There is no greater joy for me than to patiently guide a student to the correct answer. When a student has that "aha!" moment, all my efforts are worth it.
The Common Core standards are a useful yardstick for measuring how well students are doing. My students consistently met or exceeded the Common Core standards for science. I believe in working with each student's individual learning styles to help them understand the material. If students were struggling with a concept, I would figure out a different way to teach or apply that concept. I was voted Teacher of the Year six times in my career. I also won an award for Innovative Teaching Style at the 2011 National Teaching Conference.
4+ Reviews
10+ Question Solved
Related Book For 
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Question Posted:
