Select a large U.S. public corporation you are familiar with or which interests you. It should...

Select a large U.S. public corporation you are familiar with or which interests you. It should be on the Fortune 500 list. Using the company's most recent annual report (or Form 10-K) from the company's Investor Relations web page and other credible internet sources, develop a short (1.5 to 2 page) profile of the corporation. Obtain and attach a PDF version of the most recent annual report (or Form 10-K) from the company's web site. Include the following information:

Name of the corporation and location of corporate headquarters.

State of incorporation.

The stock exchange on which the company's stock is traded.

Nature of its operations.

The fiscal year end date of the annual report you used.

Total assets on the balance sheet.

Total revenues on the recent income statement.

Net income on the income statement.

The basic earnings per share reported on the recent income statement.

The depreciation method used by the corporation.

The inventory method used by the corporation. If the company does not report inventory on its balance sheet, state that in your report.

Description of classes of stock (e.g. common, preferred, Class A, etc.) and the number of shares authorized, issued and outstanding for each class, from the balance sheet or notes.

Market price of the stock on MM/DD/YYYY (most recent) (Yahoo finance or other stock quote site).

High and low prices of stock for the past 12 months (Yahoo finance or other stock quote site).

Dividends paid for each of share of stock during the year covered by the annual report from the income statement or notes.

The name of the Registered Public Accounting Firm who audited the company's financial statements.

Discuss something that you found interesting in the annual report, that you didn't know before.

If you had $10,000 to invest, would you invest in the stock of the corporation you chose. Provide your opinion and support your opinion with evidence from your research.

Inlcude a link to: copy of the annual report you used to answer the questions.

Solutions

Expert Solution

Solution. (1) The name of a large U.S. public corporation is Walmart - Stores
(2) Website : www.corporate.walmart.com
(3) A short profile of the Walmart coperation is given below: American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporatedon October 31, 1969. It also owns and operates Sam's Club retail warehouses. As of January 31, 2018, Walmart has 11,718 stores and clubs in 28 countries, operating under 59 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Best Price in India. It has wholly owned operations in Argentina, Chile, Brazil, and Canada.
(4) The fiscal year end date of the annual report you used is 2017
(5) Total assets on the balance sheet are $198,825 millions
(6) Total revenues on the recent income statement is $485,873 millions
(7) Net income on the income statement is $ 13,643 millions
(8) The basic earnings per share reported on the recent income statement is $4.38
(9) The depreciation method used by the corporation is straight-line method
(10) The inventory method used by the walamrt is first-in, first-out (“FIFO”) method.
(11) There is only one class of stock i.e common stock)
the number of shares outstanding - 3.05
(12) Market price of the stock on 04/06/2018 - 86.69.
(13) 52 week high - 109.98
52 week low - 72.73
(14) Dividend paid for the year is $2.
(15) Registered Public Accounting Firm is EY LLP
(18) Link of annual report
http://www.corporatereport.com/walmart/2017/ar/_pdf/WMT_2017_AR.pdf
Do provide a rating if you liked it

jeff jeffy answered 1 year ago

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