ACCT 400

Advanced Accounting

Financial Statement Analysis Project

To complete this project, you will need to find online the 2022 annual reports of Walmart and Target, one of Walmart’s competitors. Please download this assignment file and answer the questions using the space provided. 

Questions		Answers
Part 1	Which financial statement would you use to assess Walmart’s financial position?
	List ratios you would use to assess Walmart’s liquidity?
	List ratios you would use to assess Walmart’s solvency?
Part 2	Which financial statement would you use to assess Walmart’s profitability?
	List ratios you would use to assess Walmart’s profitability
Part 3	Which financial statement shows Walmart’s ability to generate cash flows?
	In 2022, how much cash did Walmart generate from its operations?
	Were the cash flows generated from operations enough to pay for property and equipment in 2022?
Part 4	What inventory costing method did Walmart use in 2022?
	Summarize Walmart’s depreciation policy for property and equipment
Part 5	Compute three of the liquidity ratios you listed above for Walmart for 2022 and 2021: 2022 2021 Discuss Walmart’s liquidity ratios
	Compute three of the solvency ratios you identified in Part 1 for Walmart 2022 and 2021: 2022 2021 Discuss Walmart’s solvency ratios
	Compute three profitability ratios you identified above for Walmart for 2022 and 2021: 2022 2021 Discuss Walmart’s profitability ratios.  Is Walmart more profitable in 2022
Part 6	Compute the profitability ratios for Target 2022 2021
	Compare Walmart to Target.  Which company is more profitable?
	Compare the changes in stock prices in the last year between the two companies.  Are changes in stock price consistent with the difference in profitability?

Answer rating: 100% (QA)

Financial Statement Analysis of Walmart ACCT 400 Project Part 1 Financial Position Ratios Financial Statement The Balance Sheet is the primary statement used to assess a companys financial position at ... View the full answer