Compare the financial statements of the previous and the current year to create a comparative income statement and balance sheet into a new Microsoft Excel document. Use horizontal analysis to calculate the differences in dollars and percentages and explain the possible reasons for the differences. Calculate the following ratios for the current financial year based on the information in the attached doucment:
Compare your ratio results to the previous year's values and explain possible reasons for the differences. Be sure to include a discussion of controllable and uncontrollable expenses and how these can impact the past, present, and future financial health of the establishment.
The attachment labeled Corrected is the pervious year and the second one is the new year one that is to be used as a comparison.© BrainMass Inc. brainmass.com October 17, 2018, 12:55 pm ad1c9bdddf
The library contains calculations of ratios and comparison of balance sheet and income statement.
This solution answers the questions related to the "Walmart Inc, Under Attack" case study. It also makes a brief analysis of IFAS, SFAS and EFAS of Walmart.
1. Identify and evaluate the marketing strategies that Wal-Mart pursued to maintain its growth and marketing leadership position. What factors should a firm consider in the development of its marketing strategy?
2. Discuss the importance of changes in the external environment to an organization like Wal-Mart.
3. What conclusion can be drawn from a review of Wal-Mart's financial performance? From this review, what can you conclude about the financial future of the firm?
4. Is it fair to condemn Wal-Mart as a predator destroying local business and failing to offer a living wage and benefits?