x
Info
x
Warning
x
Danger
 / 
 / 
 / 
Can someone please double check my work? I used this

Question : Can someone please double check my work? I used this : 2979

Can someone please double check my work? I used this web page for the finanical statements for Walmart. Not sure if I did these right or not.

http://s2.q4cdn.com/056532643/files/doc_financials/2016/annual/2016-Annual-Report-PDF.pdf

Current Assets

60239

Current Liabilities

64619

Current Ratio 2016

0.93

Cash Ratio=(Cash + Cash Equivalents)/Current Liabilities

Cash+Cash Equiv

8,705

Current Liabilities

64,619

Cash Ratio 2016

0.13

Quick Ratio=(Total Current Assets-Inventory-prepaid expenses)/Current Liabilities

Total Current assets

60,239

inventory

44,469

Prepaid Expenses

1441

Current Liabilities

64619

Quick Ratio 2016

0.22

Accounts Receivable Turnover=Net Sales/Average Gross Receivables

Net Sales

478614

Average Gross receivables

6201

Accounts Receivable Turnover 2016

77.18

Inventory Turnover=Sales/Inventory

Sales

478614

Inventory

44469

Inventory Turnover 2016

10.76

Current Assets

60,239

Current Liabilities

64,619

Working Capital 2016

-4,380

Current Assets

60239

Current Liabilities

64619

 

 

Current Ratio 2016

0.93

 

Solution
5 (1 Ratings )

Solved
Finance 9 Months Ago 85 Views
This Question has Been Answered!
Unlimited Access
Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Instant Access!
Ask an Expert
Our Experts can answer your tough homework and study questions
275782 Finance Questions Answered!
Post a Question