ACC-201-MODULE-1-CASE - ACC 201 MODULE 1 CASE ASSIGNMENT...

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ACC 201 – MODULE 1 CASE ASSIGNMENT DR. WENDY ACHILLIES The three public traded companies under discussion will be Wal-Mart, Home Depot and Best Buy. After continuously trying to understand the financial statements of these companies I came up with these final conclusions. According to the balance statement Wal-Mart’s has approximately 5 billion dollars in cash and cash equivalents to pay off debts. There total debt is around 44 billion. There current assets is around 47 billion dollars with liabilities around 58 billion. If the company converts its current assets which includes inventories (35,180), Cash and cash equivalents (5,569), receivables (3,654) and prepaid expenses and other (3,182), then factor in non-current assets there total assets would be approximately 163 million dollars. If you consider the following non-current assets the company would be in fairly good shape. Non-Current Assets Property and equipment 2008 2007 Land 19,879 18,612 Buildings and improvements 72,533 64,052 Transportation equipment 2,210 1,966 There is a slight increase in non-current assets .
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This note was uploaded on 10/26/2011 for the course ACC 201 taught by Professor Garywashington during the Summer '11 term at Trident Technical College.

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ACC-201-MODULE-1-CASE - ACC 201 MODULE 1 CASE ASSIGNMENT...

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