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Executive summary for major US Stock Exchange company

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Select a company for analysis that has been (1) profitable for the last three fiscal years, (2) is not a bank/financial institution, and (3) is on a major U.S. Stock Exchange.

Write an Executive Summary, using the information contained in the company's balance sheet and income statement, answering the following questions, noting that annual reporting period and fiscal year mean year-end numbers:Company history: When was the company founded? By whom? List other historical facts.

o Who is the audit firm for the company?
o What stock exchange is the company listed on? What is their ticker symbol?
o How much cash and cash equivalents did the company have at the end of its 2 most recent annual reporting periods?
o What were the company's total current assets at the end of its 2 most recent annual reporting periods? In what order should current assets be presented?
o What were the two largest current assets at the end of its 2 most recent annual reporting periods?
o What were the company's total assets at the end of its 2 most recent annual reporting periods?

Attach a copy of the Balance Sheet, Income Statement and Statement of Cash Flow from the Annual Report to your assignment.

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This solution is comprised of detailed information for the following:

Select a company for analysis that has been (1) profitable for the last three fiscal years, (2) is not a bank/financial institution, and (3) is on a major U.S. Stock Exchange.

Write an Executive Summary, using the information contained in the company's balance sheet and income statement, answering the following questions, noting that annual reporting period and fiscal year mean year-end numbers:Company history: When was the company founded? By whom? List other historical facts.

o Who is the audit firm for the company?
o What stock exchange is the company listed on? What is their ticker symbol?
o How much cash and cash equivalents did the company have at the end of its 2 most recent annual reporting periods?
o What were the company's total current assets at the end of its 2 most recent annual reporting periods? In what order should current assets be presented?
o What were the two largest current assets at the end of its 2 most recent annual reporting periods?
o What were the company's total assets at the end of its 2 most recent annual reporting periods?

Attach a copy of the Balance Sheet, Income Statement and Statement of Cash Flow from the Annual Report to your assignment.

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The founder of Wal-Mart was Sam Walton. When Sam Walton opened his first Wal-Mart in 1962 in the hamlet of Rogers, Arkansas, the discount-retailing business model had been around for a few years (Magretta, 2002). It had emerged in the mid-1950s, when a slew of industry pioneers (now long forgotten) began to apply supermarket logic to the sale of general merchandise. Supermarkets had been educating customers since the 1930s about the value of giving up personal service in exchange for lower food prices, and the new breed of retailers saw that they could adapt the basic story line of the supermarket to clothing, appliances, and a host of other consumer goods.

The idea was to offer lower prices than conventional department stores by slashing costs. And so the basic business model for discount retailing took shape: First, strip away the department store's physical amenities such as the carpeting and the chandeliers. Second, configure the stores to ...

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