Financial Reporting Problem Essay

AbstractIn this paper we bequeath discuss Walmarts Balance sack upvass and Income Statement. We will analyze the communitys keep down assets at the decease of the some upstart per year inform year and to why it is important. We because will whistle about the gilds marrow assets, how all over oft cash and cash equals did the party squander, as well as, the amount of accounts due at the most recent year, and from the anterior year. What the lodges terminal revenues be from the last three annual coverage periods, the potpourri in dollars in the unions simoleons income from the most recent annual describe period to the forward annual opusing period. We will pour forth about the companionships good assets at the end of the most recent year and the prior year from the annual reporting period. Lastly, we will discuss as to what information that has been obtained within this paper that would be important to a potential spendor, employee and so forth.Fi nancial themeing Problem, Part 1Total AssetsThe conglomeration assets for Wal-Mart as of January 31, 2013 were $203,105,000. The effort this is important for a companionship or business to write out, is so the business can take in a better consciousness of how much the go with is expense. learned how much a company is worth is in force(p) because the assets can be used as collateral for a loan. Also well-read the assets and comparing total assets to previous long judgment of conviction can show if a company is growing and expanding or shrinking. For Wal-Mart, the comparison from the previous year shows that the total assets growing. As of January 31, 2012 the company showed total assets of $193,406,000. With the comparison from January 31, 2012 to the current flesh from January 31, 2013 Wal-Mart grew and/or expanded in total assets by 9,699,000.Cash and Cash similarThe total cash and cash equivalent for the end of the year for Wal-Mart as of January 31, 2013 is 7,78 1,000. Knowing the total cash and cash equivalent will help the company to know how much the company has to spend. No governing body has the intention of spending more specie then what the company has available. If a company has very showtime cash or cash equivalent then the company will need to consider if a loan is needed. In consideration for a loan total expenses needs to be considered. If a company like Wal-Mart has lavish cash to hold all expenses then a loan isnt needed, al angiotensin-converting enzyme if the expense exceeds the cash then a loan is needed. Also another fixings to consider on getting a loan is if the m unityy coming into the company will be enough to pay the loan back.Accounts PayableThe accounts account payable for the end of the most recent annual reporting period that ended January 31, 2013 is 1,061,000. Knowing the accounts payable helps a company to know one of the companies expenses. This is important because if the companies accounts payable are high than the money coming in, that could be a problem for the business. Comparing to previous geezerhood accounts payable can show galore(postnominal) different problems or benefits for the business. simoleons RevenuesWalmart Inc. give notice revenues from the last three annual reporting periods are as follows On January 31st, 2011 in the amount of $421,849,000. On January 31st, 2012 the dismiss revenues were $446,950,000 and on January 31st, 2013 it totaled to the amount of $469,162,000. From looking at the reports Walmart Inc. has had an change magnitude from 2011 to 2012 in the amount of $25,101,000 and from 2012 to 2013 has increased to $22,212,000. Net Revenue helps account for certain(a) price reductions, adjustments and refunds. This is necessary to get the commonplace measure of the real top depict rather than the bottom line.Net Income looking at at Walmarts income story from the net income of 2013 on January 31st it totaled in $16,999,000. The change from 2012 and 2013 is a increase in $1,300,000. The net income from 2012 is $15,699,000. From looking at the statement and seeing that there is a waiver due to nonredeemable and redeemable non-controlling interest the company has lost net income by 16,998,000 within 2013 but in 2012 only had a 609,000 remainder, and in 2011 had a 1,289,000 difference from 2013. When it comes to Net Income it is closely followed and play a large role in ratio analysis. Shareholders calculate a close look at the net income due to their compensation of the company. If a business is not generating enough profit, the set of shares fall. It is important to know that net income does not measure to how much cash a company has earned during a attached period.Change in Dollars of Net IncomeThe change in dollars of Walmarts net income from 2013 is 16,999,000 and from 2012 it is only a million dollar difference of 15,999,000.Total Assets in Recent yr from Annual ReportingWal-Mart has reported its be period for f iscal year 2013 account period ends on January 31st of individually year. Wal-Marts current total of assets as of fiscal year 2013 is $203,105,000.00. Wal-Mart continues to grow in consecutive years with an average increase in assets of $10,000,000 dollars a year for the knightly five years. The earnings per share have increased 10.6 percent increasing their shares to $5.02. The company has make earnings in accompaniment of $22 meg make it a $ 466 billion dollar tum. It is with no inquiry that the triumph of the wad continues on the rise. The corporation owns 4,000 locations in the United States alone adding $10 billion alone in net sales. Further from generating income and investing in evolution and assets Wal-Mart has always researched and invested in ways to stifle expenses and direct costs. Strategies such as development front line and middle managers in operating cost reductions and implementing sales and seam certificate systems have greatly reduced operating cos ts in the current booming years.Total Assets from Previous Annual ReportIn fiscal year 2012, Wal-Mart had a total of earning of $15.8 billionwith a blockage total of net sales of $443.9 billion. Since 1992 Wal-Mart has made and increased a total net worth of sales of $400 billion dollars. The corporation strategy for 2012 was to continue to invest in growth and re-enforce in what separates them from their competitors, their low incomparable low merchandise prices. A very unique idea that infallible greater investments and growth was that of creating a merchandise corporation to the public that provided a one stop be all shop store. The corporation concentrated in providing its customers a broad assortment of merchandise which provided customers in a sense a time saving tool in a high tempo life personal manner generation. Wal-Marts obvious and epic success of how effective and efficient their corporation strategies are. In addition Wal-Mart continues to re-invest in its online market and expanding its online strategy. cardinal InformationWal-Mart received a total of $332 million in common stock in the year of 2013 alone. In 2012 Wal-Mart returned dividends to its investors worth $60 billion in shares. A high number of their investors are Wal-Mart associates averaging an increased percentage of stocks by the yearly. A yearly accountancy period of accounting provides the corporations accounting state which in return provides transparency to its current investors and a corporate overview of potential new investors. internally Wal-Mart benefits from these reports in projecting new investments. strategic Management can influence how much can be reinvested while at the same time have caution of how expenses, employee and associate management, and operating costs have to be considered before any over spending incurs. Overall an accounting report is essentially the backbone of a corporation. The accounting structure requires having a solid nucleotide in a corp oration in order to have a self-made business. Accounting is the measurement of how much a business fails or it is successful.Referenceshttp//c46b2bcc0db5865f5a76-91c2ff8eba65983a1c33d367b8503d02.r78.cf2.rackcdn.com/88/2d/4fdf67184a359fdef07b1c3f4732/2013-annual-report-for-walmart-stores-inc_130221024708579502.pdf