Management Efficiency Ratio comparison for Wal-Mart and Target
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This is my first accounting class and I am not very good at it. I would appreciate any assistance that I am given. My assignment is to complete a management efficiency ratio of both company's financial statement and give my findings for both.
Wal-Mart Stores, Inc. (Wal-Mart) operates retail stores in various formats around the world. The Company earns the trust of its customers every day by providing an assortment of merchandise and services at every day low prices (EDLP), while fostering a culture that rewards and embraces mutual respect, integrity and diversity. Wal-MartGÇÖs operations comprise three business segments: Wal-Mart Stores, SamGÇÖs Club and International. Its Wal-Mart Stores segment is the largest segment of the CompanyGÇÖs business, accounting for 64% of its net sales, during the fiscal year ended January 31, 2008 (fiscal 2008), and operates stores in three different formats in the United States, as well as Wal-MartGÇÖs online retail operations, walmart.com. Its SamGÇÖs Club segment consists of membership warehouse clubs in the United States and the segmentGÇÖs online retail operations, samsclub.com. SamGÇÖs Club accounted for 11.8% of the CompanyGÇÖs net sales during fiscal 2008.
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Solution Summary
This solution of 500 words contains background information on Wal-Mart and Target as well as compares the management efficiency ratio comparison in an Excel file. All references used are included.
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About Wal-Mart
Wal-Mart Stores, Inc. (Wal-Mart) operates retail stores in various formats worldwide. The Company organizes its business into three principal segments: Wal-Mart Stores, SAM'S CLUB and International. The Wal-Mart Stores segment is the largest segment of Wal-Mart's business, accounting for 67.3% sales during the fiscal year ended January 31, 2005 (fiscal 2005). The segment consists of three different retail formats, all of which operate in the United States. The Company's SAM'S CLUB segment consists of membership warehouse clubs that operate in the United States, and accounts for 13% of fiscal 2005 sales. The international segment consists of retail operations in eight countries and Puerto Rico, and generated 19.7% of Wal-Mart's fiscal 2005 sales. In addition, the ...
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