Assignment

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Assignment Template for Individual Assignments

Subject Code: | Subject Name: |

Student ID Number: | Student Name: |

Assignment Name or Number: |

Assignment Template for Group Assignments

Subject Code: ACCT90002 | Subject Name: Financial Statement Analysis |

Student ID Number: 385116 | Student Name: DanningWang |

Assignment Name or Number: Executive Summary |

| Student ID Number | Student Name |

1. | 385116 | Danning Wang |

2. | 383129 | Yu Zhao |

3. | 398040 | Xinyan Cheng |

4. | 500670 | Chen Sun |

5. | 508284 | Dan Chen |

6. | | |

Executive Summary

Financial report analysis of Walmart

Group Member:

Yu Zhao (383129),

Danning Wang (385116),

Xinyan Cheng (398040),

Chen Sun (500670),

Dan Chen (508284)

1. Context of the firm

1.1 Overview

Walmart serves customers and members more than 200 million times per week at more than 9700 retail units under 60 different banners in 28 countries. With fiscal year 2010 sales of $405 billion, Walmart employs 2.1 million associates worldwide.

The company does business in nine different retail formats: supercenters, food and drugs, general merchandise stores, bodegas (small markets), cash and carry stores, membership warehouse clubs, apparel stores, soft discount stores and restaurants.

1.2 Industry Overview

The retail industry is virtually competitive and as a leader of this industry, Walmart has several major competitors, such as Costco Wholesale Corporation (COST) and Target...