How does the net income for this year compare to last

Assignment Help Corporate Finance

Reference no: EM133203653

Assignment - Walmart Income Statement Case Study Questions

THE INCOME STATEMENT -

1. Locate the company's income statement.

Income Statement Date: __________________

Page on which income statement appears: _________

What is the period covered by the income statement?

2. How does the net income for this year compare to last? What caused the change, use the notes to the income statement to support your reason?

3. What are the accounts (not totals, but accounts i.e., net income is a total, wage expense is an account) that catch your attention compared to the previous year's income statement? List at least 3 and briefly explain why you selected each one. (Total Expenses or Net Income are not accounts, they are totals or labels for totals.) Explanation must say more than the figure increased or decreased, why would that be of interest?

4. What could explain the changes from one year to another for each account selected in number 2? Your answer explains the why it changed, not how much it changed. Your reasons must be supported by data provided in the company's annual report.

Reference no: EM133203653

Questions Cloud

Company analysis - how is your company positioned : Company analysis: How is your company positioned within its industry? Does it differ in fundamental ways from peer companies (who may or may not also act)

Find error in sentences : Find error in sentences: she mention that most products have significant value for people so they don't mind throwing things away and continue buying something

What is effective price reduction resulting from promotion : Calculate the arc price elasticity based upon The Burger Shack's price increase. What is the effective price reduction resulting from the promotion?

Understanding of the view from the bottom rail : Understanding the chapter, "The View from the Bottom Rail" of the textbook After the Fact is key to your future evaluation of the authors' work in the book.

How does the net income for this year compare to last : How does the net income for this year compare to last? What caused the change, use the notes to the income statement to support your reason

Explain the myth of recycling : Review information on choosing a topic, pp. 252-258 in Chapter 7 of Practical Argument.

Most popular sporting events in the world : The Popularity of the Summer Olympic Games Why is it that, every four years, people from all over the world stop to watch the Summer Olympic Games?

What are the firms current price-output combination : What are the firm's current price/output combination and profit level? Is the market in equilibrium? Include a brief explanation for your answer.

What is the controlling idea : The Popularity of the Summer Olympic Games Why is it that, every four years, people from all over the world stop to watch the Summer Olympic Games?

User Account

All Pages