Group_Annual_Report - ACCT3211 (Winter 2007) Dr. Jan 1...

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ACCT3211 (Winter 2007) Dr. Jan Group Annual Report Assignment Financial Reporting: BS, IS, SCF, and More You must work with a group of 3 or 4. No individual work will be accepted!! Type in your answers and turn in one hardcopy per group. Due: March 19 th , 2006 (Final Exam Day) Our names and NetID’s are: (1) NetID: (2) NetID: (3) NetID: (4) NetID: Signatures (in pen): (To avoid getting an “F”, DO NOT sign if you did not do your share of work.) I. Annual Report Overview [1] Most Annual Reports include the following sections. Please identify their page(s) in the Wal-Mart’s 2006 annual report that you received in class. ( Note that the names of these sections might be slightly different for different companies .) [a] Letter to Shareholders ( beginning with “To our shareholders,… ) is on page(s): Who wrote and signed this letter and who is this person? [b] Financial Summary ( a summary of financial items over 5 to 20 years ) is on page(s) and what are the years that Wal-Mart provided for this summary in the annual report? [d] Financial Statements and the Notes to the Financial Statements are on page(s): [e] Reports ( two reports) of Independent Auditors are on pages: [f] Where ( page number ) can we find Management Report and who signed this report? [g] Other non-financial information is also provided in the annual report. For example, who is the Chairman of the Wal-Mart’s Board of Directors and what is his relationship with the founder of Wal-Mart? What is the listing stock symbol for Wal-Mart? Wal-Mart’s website that has corporate information, jobs, stock information, and company history is at: 1
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ACCT3211 (Winter 2007) Dr. Jan [2] Discuss the financial summary with your group members. [a] Out of all the years presented in the financial summary, which year has the most significant percentage change in long-term debt? Does Wal-Mart provide any explanations and what did the management say? [b] In presenting the financial summary, how are discontinued operations and changes in accounting principles handled by Wal-Mart? [c] Based on the financial summary only , will your group be interested in investing in Wal- Mart? Why or why not? ( Limit your answers to three sentences . Be concise. Lengthy answers will cost you five points! ) [3] Review MD&A to answer the following questions. Support your answers by citing the information you find from Wal-Mart’s annual report with page numbers. ( Make your answers as concise as possible. Lengthy answers will cost you 5 points. ) [a] What are Wal-Mart’s three business segments? Which segment is the largest one in
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This note was uploaded on 11/28/2009 for the course BUSINESS acct 3211 taught by Professor Lin during the Winter '09 term at Calhoun Community College.

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Group_Annual_Report - ACCT3211 (Winter 2007) Dr. Jan 1...

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