Discussion Post: SEC 10-K Balance Sheet for Wal-Mart
Overview
1) Always include the name of your company in the subject line and the link to the SEC 10-K in your posting!
2) Answer all of the questions below and do NOT cut and paste from the 10-K.
3) Use your own words to answer.
4) This discussion assists in your preparation of the report due next week on the Balance Sheet for your SEC 10-K company
Task
Using the SEC 10-K for your company, answer the questions below:
• What were total current assets?
• What were total current liabilities?
• What were total assets and total stockholders' equity (deficit)?
• Calculate working capital (current assets - current liabilities = working capital) and describe how it changed from last year.
• If the company has treasury stock, is it increasing or decreasing in value? Remember that the normal balance for treasury stock is a negative value (debit balance).
• What is the value for other comprehensive net income (or net loss), accumulated deficit, and/or retained earnings. How are these values changing?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.