ACG 5025 Presentation2

ACG 5025 Presentation2 - Comparison of Wal-Mart, Target,...

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Click to edit Master subtitle style 1/31/11 Comparison of Wal-Mart, Target, and K-Mart Financial and Accounting Policies Similarities and Differences Brendan O’Neal
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1/31/11 Wal-Mart’s Accounting Practices Net sales in fiscal 2010 were a record $405 billion. This is up 1% from fiscal 2009. 63.8% of these sales came from Walmart U.S. Sam’s Club accounted for 11.5% of sales and Walmart International accounted for 24.7% of the sales.
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1/31/11 Target Corporation Fiscal year 2009 resulted in total revenue of $63 billion. The company has experienced a growth of total overall revenue since 2004. The Credit Card Segment attributes its success to management with a 29.4 percent increase in segment profit in a year when Target’s
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1/31/11 Target, continued…. Cash flow was $5,881 million, $4,430 million, and $4,125 million for 2009, 2008, and 2007, respectively. In 2009, Target opened 76 new stores representing 58 stores net of 13 relocations and 5 closings. In 2008, Target opened 114 new stores representing 91 stores net of 21 relocations and two closings.
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ACG 5025 Presentation2 - Comparison of Wal-Mart, Target,...

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