Given below are selected data for Wal-Mart for the years ended January 31, 2002 and 2001: Study
Question:
Study the information above and discuss what the changes from 2001 to 2002 mean. What conclusion can you make about Wal-Marts financingactivities?
Transcribed Image Text:
2002 2001 Long-term debt to equity Long-term debt to assets Return on equity Return on assets Financial leverage Current ratio 0.45 0.19 20.1 % 8.5% 2.36 1.0 0.40 0.16 22.0% 8.7% 2.49 0.90
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
The overall impression from reviewing the financial ratios of WalMart is that the companys ...View the full answer
Answered By
Rinki Devi
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions.
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students.
I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and helped them achieve great subject knowledge.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Accounting Information For Decisions
ISBN: 978-0324672701
6th Edition
Authors: Robert w Ingram, Thomas L Albright
Question Posted:
Students also viewed these Accounting questions
-
Below are selected data from the financial statements of Jewell Company for 2008 and 2009. Required: Determine whether the debt-to-equity ratio is increasing or decreasing and whether the company...
-
Shown below are selected data from a recent annual report of Kimberly-Clark Corporation, a large consumer products provider. (Dollar amounts are in millions.) a. Compute for the year Kimberly-Clarks...
-
Presented below are selected data from the financial statements of Debonair Corp. for 2009 and 2008. Required: Calculate the dividend payout ratio for2009. 2009 2008 $123,000 Net income Cash...
-
1. Matching Match the graph of the rational function f (x) = (ax + b) / (cx + d) with the given conditions. (a) (b) (c) (d) (i) a > 0 (ii) a > 0 (iii) a 0 b 0 b > 0 b c > 0 c 0 c > 0 d 0
-
What is meant by customer-profitability analysis? Give an example of an activity that might be performed more commonly for one customer than for another.
-
Figure 8.24 shows contours for the function z = f(x, y). Is z an increasing or a decreasing function of x? Is z an increasing or a decreasing function of y? 5 3 2 1 y 1 10 9 8 7 6 4 321 2 3 4 5 6...
-
Imagine you are the CIO and have to select the three most relevant indicators for the quality of your information system at your hospital: Which would you select? You can look at the examples in...
-
On July 1, 2012, Rentoul Inc. made two sales. 1. It sold land having a fair value of $900,000 in exchange for a 4-year zero-interest-bearing promissory note in the face amount of $1,416,163. The land...
-
Find the points on the ellipse x+2y2 = 1 where f(x,y) = xy has its extreme values. 13.10.3 Minimum surface area with fixed volume. Find the dimensions of the closed right circular cylindrical can of...
-
Cheryl Montoya picked up the phone and called her boss, Wes Chan, the vice president of marketing at Piedmont Fasteners Corporation: Wes, Im not sure how to go about answering the questions that came...
-
For each of the events or transactions below, indicate the effect on each ratio listed. Use I to indicate increase, D to indicate decrease, and NE to indicate noeffect. Debt to Debt to Financial...
-
Given below is the most recent set of financial statements for BeanSprout Farms. a. Calculate return on assets and return on equity. b. Assume the company had $18,000 less of contributed capital and...
-
During October, Seger Insurance employees earned $100,000 in wages. Social Security applied to $86,000 of these wages, while Medicare applies to all $100,000. State and federal unemployment taxes of...
-
A solenoid can be treated as a series \(R L\) circuit. If such a cylindrical solenoid driven by a \(60-\mathrm{Hz}, 120-\mathrm{V} \mathrm{AC}\) source has 1200 turns of \(2 \mathrm{~cm}\) radius...
-
An \(R L C\) series circuit consists of a \(450-\Omega\) resistor, a \(3.00-\mathrm{mF}\) capacitor, and a \(1.00-\mathrm{H}\) inductor. The circuit is driven by a power source that oscillates at...
-
A light ray travels through medium 1 , index of refraction \(n_{1}=1.1\), into medium 2, index of refraction \(n_{2}=1.5\) (Figure P33.55). At what angle with respect to the normal to the interface...
-
A schematic diagram of a refractive microscope is shown in Figure P33.74. The focal length of the objective lens is \(25 \mathrm{~mm}\), that of the eyepiece lens is \(63 \mathrm{~mm}\), and the two...
-
If you are designing a Van de Graaff generator, would you prefer to replace the spherical metallic dome with a dome of some other shape to achieve better charge storage? Justify your answer.
-
Identify and explain three different dividend policies. (Hint: One of these is a constant dividend payout ratio.)
-
Thalina Mineral Works is one of the worlds leading producers of cultured pearls. The companys condensed statement of cash flows for the years 20182020 follows. Required Comment on Thalina Mineral...
-
During the assessment of a class of students, 80% passed the examination in mathematics, 85% passed in laboratory work, and 75% passed both. For a student chosen at random from the class, find the...
-
Prepare general journal entries for the following transactions of Sustain Company. June 1 T. James, owner, invested $11,000 cash in Sustain Company in exchange for common stock. 2 The company...
-
Assume that Katrina Lake of Stitch Fix plans to expand her business to accommodate more product lines. She is considering financing expansion in one of two ways: (1) contributing more of her own...
-
For each of the following, (1) Identify the account as an asset, liability, equity, revenue, or expense; (2) Identify the normal balance of the account; (3) Enter debit or credit to identify the kind...
-
Students must useinformation literacy in their writing. Theprojectshould be at least #2000 words of content. Word document only! The students will be required to meet with a top level manager,...
-
Your agency has been directed by community leaders to develop and implement a community paramedic program targeting injury prevention among the elderly. You are now tasked with providing a briefing...
-
Write up an assessment record for one of the children/young people in a learning environment. The record must be set out clearly showing: - a) Your assessment of the learner's development b) How the...
Study smarter with the SolutionInn App