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Project Assignment final

Project Assignment final - SHORT PROJECT Wal-Mart Stores...

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SHORT PROJECT Wal-Mart Stores, Inc (WMT) Submitted to Professor: Patricia M. Casey In Partial fulfillment of the requirements of ACC 501 Accounting Fundamentals Summer Semester 2007 National University San Diego, CA
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Wal-Mart Stores, Inc (WMT) 1 SHORT PROJECT Wal-Mart Stores, Inc. (WMT) primary store based in Bentonville, AR is the largest discount, & variety retail store in the world. It generates 344 billion dollars in annual revenue. The store sells multiple products ranging from simple single items packages to furniture, automotive repair products, computers and peripherals. In its competitive industry, Wal-Mart has to face other giants, which include Target, Costco and Sears (which has merged with Kmart). Its reach is vast and it even surpasses Europe’s large retail stores. It is without a doubt the number one retailer in the world, with about 6,775 stores, including some 1,075 discount stores, 2,250 combination discount and grocery stores. Included within its doors are great deals of sub-lets, which help it, compete against Drug Stores & Pharmacies, Gasoline Retailers, and Grocery Retail. Wal-Mart is comprised of the three business operations, Wal-Mart stores, SAM’s clubs and an enormous array of international stores. South America, Europe and Asia are where additional operations are located. Ratio Type Company Industry Average Current Ratio .90 1.21 Receivable Turnover 131.32 33.11 Debt to Equity 1.6 .62 Net Profit Margin 3.3% 4.05% Return on Equity 18.3% 19.31% Price Earnings Ratio 18.34 24.32 Current Ratio The current ratio is computed by dividing current assets by the current liabilities. Current Ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations. If a current
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