Exhibit $5\mathrm{.}26$ presents risk ratios for Walmart for $2019$ and $2018.$ Exhibits $1\mathrm{.}19,1\mathrm{.}20,$ and $1\mathrm{.}21$ in Chapter $1$ present the financial statements for Walmart. $($Please access the exhibits by clicking the link provided at the end of the assignment$)$

Required

Compute the values of each of the ratios in Exhibit $5\mathrm{.}26$ for Walmart for $2020.$ Walmart had $2,821$ million common shares outstanding at the end of fiscal $2020,$ and the market price per share was $$140\mathrm{.}49.$ For $2019,$ the comparable shares and price per share were $2,832$ million and $$114\mathrm{.}49,$ and for $2018,$ they were $2,878$ million and $$95\mathrm{.}83,$ respectively. Notes: For days accounts receivable outstanding, use total revenues in your calculations. For computations with interest expense, exclude interest income but include imputed interest expense on average operating lease liabilities $($current and long$-$term$)$; Walmart discloses an implicit interest rate of $6\mathrm{.}1\%$ on operating leases. For the interest coverage ratio $($cash flow basis$),$ ignore imputed interest for operating leases $($as done in the text$).$ For earnings before interest and taxes in the Altman$$s Z calculation, include interest income in earnings before interest and taxes.

Interpret the changes in Walmart$$s risk ratios during the three$-$year period, indicating any areas of concern.