Last week you selected Wal-Mart a publicly traded company and found their annual report. Now that you have their financial information I would like you to perform a ratio analysis on the financial sta
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It operates retail stores, restaurants, discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, apparel stores, Sam’s Clubs, and neighborhood markets, as well as walmart.com; and samsclub.com.
Generally, annual reports are forms submitted to government agencies for registration purposes. They help keep records of corporate activity and changes up to date. Most states require these reports to be filed yearly on the date of the company’s incorporation anniversary or shortly thereafter. While there may be differences in semantics and the annual report definition and scope, most, if not every state has requirements for companies, limited liability companies, and other business entities for continuing registration.
An annual report is a publication that public corporations must provide annually to shareholders to describe their operations and financial conditions.
It was not until legislation was enacted after the stock market crash of 1929 that the annual report became a regular component of corporate financial reporting.
All mutual funds that are registered with the SEC are required to send a full annual report to all shareholders every year.
Financial statements are a collection of summary-level reports about an organization's financial results, financial position, and cash flows. They are useful for the following reasons:
To determine the ability of a business to generate cash, and the sources and uses of that cash.
To determine whether a business has the capability to pay back its debts.
To track financial results on a trend line to spot any looming profitability issues.
To derive financial ratios from the statements that can indicate the condition of the business.
To investigate the details of certain business transactions, as outlined in the disclosures that accompany the statements.
Annual report of walmart
https://stock.walmart.com/investors/financial-information/annual-reports-and-proxies/default.aspx
Financial statement Schedule of walmart
https://www.sec.gov/Archives/edgar/data/104169/000010416919000016/wmtform10-kx1312019.htm
