For your second project, you will print the Financial Statements of a real corporation and calculate ratios and answer questions about them.

Instructions:

1. Print to a pdf the Income Statement, Balance Sheet, and the Statement of Cash Flows of a publicly traded corporation. Use Marketwatch.com:
   • type the Walmart in search box
   • select Financials from the menu
   • Print your companys financial statements, selecting annual data, not quarterly data.

2. On a separate page, show me your calculations for the most current year to answer the following questions:

1. What kind of trend can you detect in Total Revenues on the Income Statement?
2. What kind of trend can you detect in Net Income on the Income Statement?
3. From the Statement of Cash Flows, answer the following:
   1. What is the net cash flow from Operating Activities?
   2. What is the net cash flow from Investing Activities?
   3. What is the net cash flow from Financing Activities?
   4. Is the ending cash balance increasing or decreasing?
   5. Does this company have healthy cash flows?