Tedra Colzie
American Intercontinental University
Unit 5 Individual Project
Principles of Accounting I (ACCT205 -1502A -03)
May 18, 2015
Abstract
This paper will give an accounting analysis of Walmart. This paper will cover Discuss methods used to account for assets, liabilities, and shareholder equity. It will also explain the company’s approach to internal controls, prepare and interpret the results of horizontal and vertical analyses of the financial statements and prepare and interpret the results of at least 5 ratios.
Walmart
Introduction
Walmart is one of the worlds largest supercenter with over 3,275 store nation wide.
“Walmart helps people around the world save money and live better -- anytime and anywhere -- in retail stores,
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Wal-Mart board of directors wants the company internal control to be a design that provides an assurance that reliability and preparations for financial statements are laid in accordance with the selected accounting principles. Wal-Mart includes a few policies and procedures for their internal control stricter. One states the company keeps and maintains a record that properly reflects the transactions and dispositions of the company’s assets. Another states the company provides an assurance that reliability and preparations for financial statements are in accordance with each selected accounting …show more content…
– 0.60 0.42 0.38 0.20 0.11
Target Corp. 0.48 0.46 0.52 0.52 0.50 0.52
Debt to Capital, Sector
Broadline Retailers – 0.46 0.43 0.44 0.42 0.39
Debt to Capital, Industry
Consumer Services – 0.42 0.38 0.37 0.35 0.32
Source: Based on data from Wal-Mart Stores Inc. Annual Reports Source: www.stock-analysis-on.net
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