Compute the values for wal-mart based on given information

Assignment Help Accounting Basics
Reference no: EM131792775

Assignment

The purpose of this assignment is to evaluate the inventory section of two companies using basic comparative analysis, and to interpret the data to gain insight about the company's inventory management.

Resources: Appendices D and E located in Financial Accounting: Tools for Business Decision Making

Note: While the data are not from the same year, inferences can be drawn regarding inventory management of the two companies.
Write a 1,050-word comparative analysis using the financial statements of Amazon.com, Inc. presented in Appendix D, and the financial statements for Wal-Mart Stores, Inc., presented in Appendix E, including the following:

• Compute the 2014 values for Amazon and the 2015 values for Wal-Mart based on the information in the financial statements:

o Inventory turnover (Use cost of sales and inventories)
o Days of inventory

• Conclusions concerning the management of the inventory can you draw from this data.

Reference no: EM131792775

Questions Cloud

What elements are required to meet the definition of tipper : The following are ways Insiders are defined for purposes of the Disclose or Abstain Requirement: a) Classical Insider (For example, Fiduciary Relationship).
Find the level of production that yields maximum profit : If production is limited to 150 units per week, find the level of production that yields maximum profit, and find the maximum profit.
What weakness of healthcare organization : What weakness of a healthcare organization may be considered a strength by another?
Prepare the journal entry to record the exchange for lacey : Prepare the journal entry required in proper format to record the exchange for Lacey; assume that the exchange had commercial substance
Compute the values for wal-mart based on given information : Compute the 2014 values for Amazon and 2015 values for Wal-Mart based on the information in the financial statements: Inventory turnover and Days of inventory.
Task predecessor duration : Task Predecessor Duration (days). Use MS Project to develop the project schedule. Obtain printouts of the Gantt Chart and the Network Diagram
Define acts of persons impersonating the customer : The Bank shall not be responsible to the customer nor be liable in any way for any loss or damage to the contents of the safety Deposit Box arising directly.
Prepare a depreciation schedule for the equipment : Prepare a depreciation schedule for the equipment using the double declining method; assume that Spark elects to switch to straight line method in year three
Find the quantity that will maximize profit : (a) Find the quantity that will maximize profit. (b) Find the selling price at this optimal quantity. (c) What is the maximum profit?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute harold''s amortization deduction for the year

Harold Stevenson purchased substantially all of the business assets of the Troy Creamery on January 17. Compute Harold's amortization deduction for the year

  General government special assessments

Capital improvement costs incurred for general government special assessments projects requires recognition in

  A key petroleum and liquefied gas exporter

Malaysia, a key petroleum and liquefied gas exporter, has seen uninterrupted export contractions in USD terms since October 2014, as prices for petroleum products and palm oils remain stuck at historical lows.

  Complete comparative income statements

Complete comparative income statements for the month of January for Later Company for the four inventory methods

  Calculate the total present value of cash flows

Interest is at 12%. Assume cash flows occur at the end of the year. Calculate the total present value of the cash flows.

  Bozo inc manufactures two products from a joint production

sell at split-off or process furtherbozo inc. manufactures two products from a joint production process. the joint

  Determine the direct labor rate variance and direct labor

provence bicycle company manufactures road bikes. the following data for september of the current year are available

  Identify the tax consequences on the sale or exchange

Identify the tax consequences on the sale or exchange of the land consistent with the capital gains rulesDescribe the after tax effects on the client's cash flow based on teh sale ofthe land.

  Calculate the payroll for the end of april

Calculate the payroll for the end of April. Include in your calculations federal withholding, social security (FICA), and Medicare taxes

  Calculate the diluted earnings per share

Assuming there are no antidilutive securities, what is the number of shares Feterik should use to compute diluted earnings per share for the year ended December 31, 2011?

  Why is auditing inventory more complex than auditing other

why is auditing inventory more complex than auditing other asset accounts? address the following middot what controls

  Determine the amount of retained earnings

Determine the amount of retained earnings as of January 1, 2013.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd