The purpose of this assignment is to evaluate the inventory section of two companies using basic comparative
Question:
The purpose of this assignment is to evaluate the inventory section of two companies using basic comparative analysis and to interpret the data to gain insight into the company's inventory management.
Write a 950-word comparative analysis using the 2014 financial statements of Amazon.com, Inc., and the 2015 financial statements for Wal-Mart Stores, Inc. If the attached Financial Statements cannot be opened, go to www.amazon.com. Select the Investor Relations link at the bottom of the page and then select the 2014 Annual Report under Annual Reports and Proxies. The Notes to Consolidated Financial Statements begin on page 43.
The following are Wal‐Mart Stores, Inc.'s financial statements as presented in the company's 2015 annual report. To access Wal‐Mart's complete annual report, including notes to the financial statements, follow these steps:
Go to http://corporate.walmart.com.
Select Financial Information and then Annual Reports & Proxies under the Investors tab.
Select the 2015 Annual Report (Wal‐Mart's fiscal year ends January 31).
The Notes to Consolidated Financial Statements begin on page 40.
About the companies. Include information on each of the company's operations, challenges they are facing and opportunities they plan to pursue. (Use the management discussion in the complete 10-K reports and other information from Amazon's and Wal-Mart's websites to complete.)
Compute the 2014 values for Amazon.com and the 2015 values for Wal-Mart based on the information in the financial statements:
Inventory turnover (Use cost of sales and inventories)
Days of inventory
Conclusions concerning the management of the inventory can you draw from this data.
Elementary Statistics
ISBN: 978-0538733502
11th edition
Authors: Robert R. Johnson, Patricia J. Kuby