Amazon.com, Inc.'s financial statements are presented in Appendix D. Click here to view Appendix D. Financial statements of Walmart Inc. are presented in Appendix E. Click here to view Appendix E. The complete annual reports of Amazon and Walmart, including the notes to the financial statements, are available at each company's respective website. (a) Based on the information in these financial statements, compute the following ratios for each company for the most recent year shown. (Assume all sales are credit sales. Use "net product sales" for Amazon and "net sales" for Walmart.) (Round answers to 1 decimal place, e.g. 52.5. Use 365 days for calculation.) Accounts receivable turnover Average collection period for receivables Amazon Walmart times times days days Specimen Financial Statements: Amazon.com, Inc. Appendix D Interest: Debt 2,262 1,975 1,978 Finance, capital lease and financing obligations 337 371 352 Interest income (189) (217) (152) Interest, net 2,410 2,129 2,178 Loss on extinguishment of debt 3,136 Other (gains) and losses Income before income taxes Provision for income taxes Consolidated net income Consolidated net income attributable to noncontrolling interest Consolidated net income attributable to Walmart (1,958) 8,368 20,116 11,460 15,123 4,915 4,281 4,600 15,201 7,179 10,523 (320) (509) (661) $ 14.881 $ 6.670 $ 9,862 Net income per common share: Basic net income per common share attributable to Walmart Diluted net income per common share attributable to Walmart Weighted-average common shares outstanding: Basic Diluted Dividends declared per common share DE_Weygandt14e_2PP $ 5.22 $ 2.28 $ 3.29 5.19 2.26 3.28 2,850 2,929 2,995 2,868. 2,945 3,010 $ 2.12 $ 2.08 $ 2.04 See accompanying notes. APPENDIX E Specimen Financial Statements: Walmart Inc. mounts in millions) nsolidated net income Walmart Inc. Consolidated Statements of Comprehensive Income Fiscal Years Ended January 31, Consolidated net income attributable to noncontrolling interest nsolidated net income attributable to Walmart her comprehensive income (loss), net of income taxes E-1 8/6/20 9:39 F LUMINA DATAMATICS 2020 2019 2018 $ 15,201 $7,179 $ 10,523 (320) (509) (661) 14,881 6,670 9,862 Currency translation and other Net investment hedges 286 (226) 2,540 122 272 (405) Cash flow hedges (399) (290) 437 Minimum pension liability (1,244) 131 147 Unrealized gain on available-for-sale securities 1,501 mer comprehensive income (loss), net of income taxes (1,235) (113) 4,220 Other comprehensive (income) loss attributable to noncontrolling interest mer comprehensive income (loss) attributable to Walmart (28) 188 (169) (1,263) 75 4,051 mprehensive income, net of income taxes 13,966 7,066 Comprehensive income attributable to noncontrolling interest mprehensive income attributable to Walmart (348) (321) 14,743 (830) $ 13,618 $6,745 $ 13,913 See accompanying notes. mounts in millions) SETS rrent assets: Cash and cash equivalents Receivables, net Inventories Prepaid expenses and other Total current assets perty and equipment, net erating lease right-of-use assets Walmart Inc. Consolidated Balance Sheets ance lease right-of-use assets, net perty under capital lease and financing obligations, net odwill her long-term assets al assets E_Weygandt14e_2PP As of January 31, 2020 2019 $ 9,465 $ 7,722 6,284 6,283 44,435 44,269 1,622 3,623 61,806 61,897 105,208 104,317 17,424 4,417 7,078 31,073 31,181 16,567 14,822 $ 236,495 $ 219,295 (continues) 8/6/20 9:39 F LLUMINA DATAMATICS APPENDIX E Specimen Financial Statements: Walmart Inc. E-3 (Amounts in millions) LIABILITIES AND EQUITY Current liabilities: Short-term borrowings Accounts payable Accrued liabilities As of January 31, 2020 2019 $ 575 $ 5,225 46,973 47,060 22,296 22,159 Accrued income taxes 280 428 Long-term debt due within one year 5,362 1,876 Operating lease obligations due within one year 1,793 Finance lease obligations due within one year 511 Capital lease and financing obligations due within one year 729 Total current liabilities 77,790 77,477 Long-term debt Long-term operating lease obligations Long-term finance lease obligations Long-term capital lease and financing obligations Deferred income taxes and other Commitments and contingencies Equity: Common stock Capital in excess of par value Retained earnings Accumulated other comprehensive loss Total Walmart shareholders' equity Noncontrolling interest Total equity Total liabilities and equity 43,714 43,520 16.171 4,307 12,961 6,683 11,981 284 288 3,247 2,965 83,943 80,785 (12,805) (11,542) 74,669 72,496 6,883 81,552 7,138 79,634 $236,495 $ 219,295 See accompanying notes