The financial statements of, Inc. are presented in Appendix

The financial statements of, Inc. are presented in Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E. Instructions for accessing and using the companies' complete annual reports, including the notes to the financial statements, are also provided in Appendices D and E, respectively.


(a) Based on the information in these financial statements and the accompanying notes and schedules, compute the following values for each company for the most recent fiscal year.

(1) Return on assets.

(2) Profit margin (use "Total Revenue").

(3) Asset turnover.

(b) What conclusions concerning the management of plant assets can be drawn from these data?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...


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