Reference no: EM132175167
Question - Access Walmart's March 31, 2017, 10-K Annual Report either from the EDGAR database of the company's website, and find the Balance Sheet and The Notes to the Financial Statements. Using the information you find, answer the following questions:
1) What current assets are included in the balance sheet?
2) If the company lists accounts receivable and an allowance account, briefly analyze these accounts using the suggestions presented on pages 54 and 55 of your text.
3) What method does the company use to valuate inventory?
4) What depreciation method does the company use?
5) What assets other than current assets and property, plant, and equipment are included on the balance sheet?
6) What current liabilities are included on the balance sheet?
7) How many deferred accounts are included on the balance sheet? Under which classification(s) are deferred taxes found? What temporary differences caused the creation of the deferred tax accounts?
8) Does the company have long-term debt? How much?
9) Does the company have commitments and contingencies? If so, for what and what amounts?
10) What stockholder's equity accounts are included on the balance sheet?