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?
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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
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The overall impression from reviewing the financial ratios of WalMart is that the companys ...View the full answer
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Related Book For
Financial Accounting Information For Decisions
ISBN: 978-0324672701
6th Edition
Authors: Robert w Ingram, Thomas L Albright
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