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Unformatted text preview: shares issued & outstanding in 2009 is 3,925. 4. Wal-Mart’s current ratio is: Current Assets ÷ Current Liabilities = $48,949 ÷ $55,390 = 0.88 5. a. LIFO method b. Straight Line method c. Cash equivalents: Investments with a maturity of three months or less when purchased...
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This note was uploaded on 12/12/2011 for the course ACCT 131 taught by Professor N/a during the Spring '11 term at Butler Community College.
- Spring '11