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Jackie Beegle ab298 unit 5 assignment docx

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Running head: WALMART UNIT 5 ASSIGNMENT
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Unit 5 Assignment
Jackie Beegle
Purdue Global AB298

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WALMART UNIT 5 ASSIGNMENT
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Abstract
This assignment comprises the financial statements of Walmart from 2016-2017.

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Running head: WALMART UNIT 5 ASSIGNMENT Unit 5 Assignment Jackie Beegle Purdue Global AB298 1 WALMART UNIT 5 ASSIGNMENT 2 Abstract This assignment comprises the financial statements of Walmart from 2016-2017. WALMART UNIT 5 ASSIGNMENT 3 Walmart Financials Study the income statement. Concentrate on the operating expenses. Please write a paragraph in your own words – about 50 words – explaining the trends in operating expenses. Why is looking at trends in the financial statements important? Looking at the income statement, I noticed that the net sales have been steadily increasing since 2015. The operating income and the operating income as a percentage of net sales have both decreased over 2016-2017, primarily because there was a rise in wage expense at both Walmart and Sam’s Club. New and increasing hours for associates on top of new wages, mostly to improve the experience for the customer was the reason for the increase. They also invested more in computers and electronics, more digital stuff and discontinued real estate projects. There were a lot of store closures during the 4th quarter 2016 and that offset the operating expense as a percentage of net sales as well. Study the balance sheets for 2017 and 2016. Discuss the current ratios for both years (you must calculate the current ratio for both years in order to discuss it). Write a paragraph of at least 50 words explaining what elements of the current ratios caused the ratio to change from one year to ano ...
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