(Answered) Research walmart on the internet and attach the income

Accounting

Research Walmart on the Internet and attach the Income Statement, Statement of Shareholders' Equity, Balance Sheet, and Statement of Cash Flows.

Determine the net income for the current fiscal year (FY). Is this income up or down from the prior year?

Explain the relevance of changes in net income to investors.

Determine the ending balance in shareholders' equity. Why would organizations such as labor unions be interested in this?

Determine the total value of assets.

Discuss the relevance of the total value of assets to potential creditors and why this is important.

Compute the return on assets. Discuss the relative profitability of the company based on your results.

Compute the working capital and current ratio. Evaluate the relative liquidity of the company based on your results.

Compute the debt to assets ratio and the free cash flow for your company. Analyze the results and comment on the relative solvency of the company.

Discuss how the financial statements are used in your current role or a position you would like to hold. How might these aid you in managerial decision making?

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