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Unformatted text preview: Running head: EVALUATING WAL-MART'S FINANCIAL HEALTH 1 Evaluating Wal-Mart's Financial Health Elizabeth Matthews ACC/230 October 16, 2011 Tarsha Bowie EVALUATING WAL-MART'S FINANCIAL HEALTH 2 Evaluating Wal-Mart's Financial Health Wal-Mart is a big multi-billion dollar company. There are millions of stores all over the world and they generate billions of dollars in sales, but just because a company is a multi-billion dollar company does not mean their financial health is all that great. So the purpose of this paper is to break down the financials of Wal-Mart and analyze the financial health of Wal-Mart. I will be using the annual reports from 2009, 2010 and 2011 to examine and break down the various trends over the 3 years and be able to see what trends keep on happening, which trends are good for Wal-Mart and which trends are damaging them. I will be breaking down not only the financials, but also the current and future outlook on the business according to the trends that the financials show. I will also be taking into account the success of the companys operations and the outlook of the current economy and how that has affected the financials. And then last but not least, I will be comparing the financial health of Wal-Mart to other companies the same industry and seeing how they are doing compared to Wal-Mart. First of all, I will summarize the financial information for Wal-Mart. I used the years 2009, 2010, and 2011 annual reports to gather my information. In the 2009 annual report the first thing they state right off the bat is the highlights, which are net sales, operating income, net sales increase and earnings per share and dividends per share information. Yes looking at this information, you might think that Wal-Mart is doing awesome, however to get a complete picture you need to look at the statements of the year, not just what they want to highlight and you would want to understand how they came up with those numbers. In the years of 2009, 2010 and 2011 when I looked at the trends and differences between the statements between the 3 years, I have noticed that Wal-Mart has been dropping in sales per year every year. They are still producing money and making sales, however the amount in those numbers is decreasing every EVALUATING WAL-MART'S FINANCIAL HEALTH...
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This note was uploaded on 11/09/2011 for the course ACC 230 acc 230 taught by Professor Connie during the Spring '11 term at University of Phoenix.
- Spring '11