Develop a pro forma income statement and balance sheet for Wal-Mart for the fiscal year ending January 31, 2006. Assume the following (in addition to the information in the case): selling, general and administrative expenses at 17.3 percent of anticipated net sales; interest on debt at an average rate of four percent, similar prepaids, other assets, accrued liabilities, deferred taxes and minority interest as in 2005. State any other key assumptions.

WAL-MART CONSOLIDATED STA TEMENTS OF INCOME (for Fiscal years ended January 31) (all amounts in $ millions except per share data) WAL-MART CONSOLIDATED BALANCE SHEETS (as of January 31) (all amounts in \$ millions) WAL-MART CONSOLIDATED STA TEMENTS OF INCOME (for Fiscal years ended January 31) (all amounts in $ millions except per share data) WAL-MART CONSOLIDATED BALANCE SHEETS (as of January 31) (all amounts in \$ millions)