The 2006 Form 10-K for Wal-Mart can be found in Appendix A. Answer the following questions: 1.

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The 2006 Form 10-K for Wal-Mart can be found in Appendix A. Answer the following questions:
1. Locate Wal-Mart's 2006 balance sheet. What percentage of its total assets consists of cash and cash equivalents? How much long-term debt does Wal-Mart have?
2. Find Wal-Mart's 2006 income statement. Have revenues increased or decreased over the last three years? Is the rate of increase rising?
3. Find Wal-Mart's statement of stockholders' equity. Did Wal-Mart pay a dividend in 2006? Did Wal-Mart buy or sell any stock in 2006?
4. Review Wal-Mart's statement of cash flows. What activity generates most of Wal-Mart's cash?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Financial Accounting

ISBN: 978-0324645576

10th edition

Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice

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