How has the market price of wal-mart compared to earnings

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Reference no: EM13900758

Recent year-end market price and financial statement information for Wal-Mart Stores, Inc., the largest retailer in the world, is provided as  follows:

Year

Year-End

Market Priceper Share

Net Income

(basic, millions)

Common Stock

Dividend perShare

Number of Common

Shares Outstanding (weighted, millions)

2004

$52.33

$10,267

$0.52

4,259

2003

51.33

9,054

0.36

4,363

2002

48.75

7,955

0.30

4,430

a. How has the market price of Wal-Mart compared to earnings per share for 2002-2004? Round to two decimal places.

b. What information should be reported to compare earnings over time and across companies?

Reference no: EM13900758

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