For this text contains Walmart’s January 31, 2021, Form 10-K. (see the file atta

WRITE MY ESSAY

For this text
contains Walmart’s January 31, 2021, Form 10-K. (see the file atta

For this text
contains Walmart’s January 31, 2021, Form 10-K. (see the file attach for the 10-K)
Read the management discussion and analysis
(MD&A), financial statements, and notes to the financial statements,
especially Note 1, “Summary of Significant Accounting Policies.”
Revenue
Recognition
·        
a. Does Walmart recognize all of its
revenue at a point in time? If not, how is it recognized?
Cost of
Sales and Inventory
·        
b. What costing method does Walmart use to determine
cost of sales and inventory?
·        
c. How does Walmart handle the
requirement to report inventory at lower-of-cost-or-market?
·        
d. Does Walmart have a large LIFO
reserve? If not, why?
·        
e. Walmart receives discounts
from suppliers because it purchases large volumes of merchandise. Is this
reported as other income or accounted for in another way?
Working
Capital
·        
f. Operations create working
capital accounts. Which of Walmart’s working capital accounts are the most financially
significant?
·        
g. Does Walmart’s working capital
management yield a positive or negative net investment in working capital? Is
this a good situation for Walmart’s profitability? Why?
Provide your opinion: By reviewing its MD&A, how does
Walmart integrate its financial performance with broader economic trends and
global influences? Submit your answer in word, excel,

WRITE MY ESSAY