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How did the proportion of total liabilities change

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Question 1. The percentage changes in prepaid expenses and other current assets jumped up 16.5% in fiscal 2014 and then fell by 35.2% in fiscal 2015. Did the changes in the dollar amounts of this account have a huge impact on total assets ? Explain.

Question 2. During this three-year period, how did the proportion of total liabilities change relative to the proportion of shareholders' equity? What does this imply about changes in Wal-mart's leverage?

Attachment:- total assets.zip

Reference no: EM132568604

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