Walmarts Financial Analysis - 1466 Words

WAL-MART 3 WAL-MART 4 Running head: WAL-MART 1 Wal-Mart Wal-Mart In 1962, Wal-Mart was built sometime by Sam Walton in Roger, Arkansas. Wal-Mart has 5,100 stores and clubs all over the United States and a sum of 8,300 units global. The company was able to employ something like over 2 million associates from all over the world and about 2.4 million in the United States. Wal-Marts average annual total income rate was somewhat in excess of 10% for the three years from the fiscal year that is ending 2009 to the fiscal year ending 2011 (Blanchard, 2008). Research shows that they also had what was known as a stock split of 100 %; Wal-Mart was able to see this split 12 times all through the eras of 1973 through 2002. They have received many awards and were categorized 5th in Fortune magazines Global Most Well-regarded All-Stars as the third most appreciated corporation in America (Wal-Mart, 2013) Profitability/Performance Every company for example Wal-Mart worries about its profitability. One of the most regularly utilized implements of financial ratio analysis is profitability ratios which are utilized to figure out the bottom line of the company. Profitability measures are vital to corporation managers and owners alike. If a small industry has outside stockholders who have put their own money into the corporation, the primary owner surely has to show profitability to those equity stockholders. (Blanchard, 2008) Gross Profit Margin The gross profit margin atShow MoreRelatedWalmarts Business Strategy and Financial Analysis3548 Words   |  14 Pagesalmost impossible for them not to pass on the increase in cost of production to the consumers. Another economic problem that whole world has been confronted with is the economic recession. Many companies had to downsize them in order to meet the financial costs. Wal-Mart is also troubled with this problem and we shall see as this paper proceeds how it came out of this problem. Unemployment is also one of the economic trends that have had an influence on Wal-Mart and many other retailers and businessesRead MoreAmerican Corporation Analysis1389 Words   |  6 PagesCorporation Analysis The purpose of this paper is for Team C to select an American Corporation to conduct a financial analysis. Team C has selected Walmart to conduct a comparative and ratio analysis to measure the company’s profitability and liquidity. Team C will use the following profitability ratios: earning per share, price earnings ratio, return on assets ratio, gross profit rate, asset turnover ratio, payout ratio and return on common stockholders’ equity ratio to analyze Walmart’s profitabilityRead MoreWalmart Swot Analysis1539 Words   |  7 Pages 3.4 SWOT Walmart’s supply chain management has proved to be very effective, which has led the company to success. This case study analyzes the company’s strengths and weaknesses, and factors in what threats they face, as well as what opportunities that they can exploit. 3.4.1 Strengths Walmart is a very powerful retail brand that represents affordability. Their number one strength is their efficient supply chain network. They offer â€Å"Everyday Low Prices† and have a consistent level of inventoryRead MoreEthics and Compliance Paper1621 Words   |  7 Pagescompanies who report its filing with the United States Securities and Exchange Commission. The purpose for writing about Walmart s Ethics and Compliance paper is to inform the reader about Walmart s important compliance processes. SEC filings, analysis of financial statements, requirement for certification and legal proceedings will be explained throughout further reading. Procedures for Ethical Behavior Walmart has an official statement of ethics which is meant to be applied to not only the associatesRead MoreWalmart. Background:. Walmart Is A Retail Corporation That1567 Words   |  7 Pagesto be one of the top retail industry companies to this day. Due to high competition in the retail industry in recent years, Walmart has bought an outdoor retail company based in Michigan called Moosejaw for $51 million. Per Cnet.com’s Ry Crist, â€Å"Walmart’s real interest here, though, would appear online. Moosejaw is an established e-commerce player in accessories and apparel--, which, a Walmart spokesperson pointed out, is now the No.1 category in digital commerce, according to ComScore.† (Crist, 2017)Read MoreDefining Walmarts Internal Business Process Improvements894 Words   |  4 PagesThe dominance of WalMarts (NYSE:WMT) in discount retailing is a direct result of their business process excellence in the areas of supply chain management (SCM), supply chain optimization (SCO) and logistics management with its suppliers and retailing operations globally. What most differentiates WalMart from the many other discount retailers is their agility and speed of using information for insights and analysis (WalMart Invest or Relations, 2013). The intent of this analysis is to evaluate howRead MoreFinancial Analysis of Wal-Mart1321 Words   |  6 PagesFinancial Analysis of Wal-Mart Stores, Inc. Introduction On July 2, 1962, Sam Walton opened the first Walmart discount store in Rogers, Arkansas. Walmart is in the discount store industry and its principal competitors are Kmart, Target, ShopKo, and Meijer. Walmart’s culture has been built on a common purpose: saving people money so they can live better. By 1967, Walton had opened 24 stores and had generated $12.7 in sales. The company was officially incorporated as Walmart Stores, Inc. in 1969Read MoreWalmart s Vision : Wal Mart Essay922 Words   |  4 PagesWal-Mart first opened in the late 1940s by Sam Walton in Arkansas. He employed a strategy obtaining goods at large discounts and charging high retail price to his customers. His objective was to maximize profit margins. (Walton Huey, 1993) Walmart’s vision continues this tactic today in offer the lowest price, trim costs to the bare minimum, and the search for new opportunities in the industry. Mr. Walton’s mission statement of â€Å"If we work together, we’ll lower the cost of living for everyone†¦we’llRead MoreInternal Analysis : The Boston Group Matrix1560 Words   |  7 Pages INTERNAL ANALYSIS (CH) The internal analysis focuses on the strengths and weaknesses inside a company or organization; it helps determine what the company is capable of. There are many tools that play a part of the internal analysis but the three main tools used in an internal analysis are the Boston Consulting Group Matrix, the Value Chain Analysis which includes primary activities and support activities inside the business. Another big part of the internal analysis is the Financial Ratio AnalysisRead MoreMonitoring Of Walmart Information Resources1379 Words   |  6 Pagescomply with Walmart’s policy concerning the use of information resources. Acknowledge that their activities may be subject to monitoring. Acknowledge that any detected misuse of Walmart information resources may be subject to disciplinary action and prosecution pursuant to the United States Criminal Code (Title 18 U.S.C.  § 1030). 12-3.3 User Monitoring Notification Where possible, users are notified by the display of an authorized Walmart warning banner that the information on Walmart’s networks and

Sarbanes Oxley Act 2002 Free Essays

Anna Hendryx September 14, 2010 Acc. 201 Sarbanes-Oxley Act 2002 Extra Credit Report Frank Huber Introduction The Sarbanes-Oxley Act of 2002 was a piece of legislation that came into effect in 2002 which introduced major changes to the regulations of the many financial practices as well as corporate governance. This particular piece of legislation was named after Senator Paul Sarbanes and Representative Michael Oxley. We will write a custom essay sample on Sarbanes Oxley Act 2002 or any similar topic only for you Order Now In this paper I will be discussing the overview, intended purpose, and whether or not SOA was a success or failure. Overview The Sarbanes-Oxley Act of 2002 has been deemed as being the most significant change to securities laws since the 1934 Securities Exchange Act. The Sarbanes-Oxley Act was signed by President George W. Bush in 2002, and became effective on July 30th of that year. The Sarbanes-Oxley Act, which is often times referred to as â€Å"SOX†, was an act that set forth records management as well as retention policies for all public companies. This particular act was enacted in response to corporate scandals that involved large corporations, the Enron scandal being one of the more popular. Anand, 2004) The Sarbanes-Oxley Act requires all financial reports to include an internal control report. What an internal control report is designed to do is to show the company’s financial data accurately. Companies have confidence in these particular reports because its adequate controls are in place at all times in order to safeguard financial data. All year-end financial reports must always c ontain an assessment of the effectiveness of all internal controls. (Anand, 2004) Intended Purpose The intended purpose of the Sarbanes-Oxley Act was passed in the spot light of major corporate scandals. What a lot of these scandals had in common were that they engaged in skewed reporting of selected transactions. For example companies such as Enron, Tyco, and WorldCom misrepresented a variety of questionable transactions which ultimately resulted in very large losses for the stakeholders, of the companies, as well as a crisis in investor confidence. (Green, 2004) It was thought of by Congress that the Sarbanes-Oxley Act would address the problem by aiming to enhance corporate governance as well as to strengthen corporate accountability. Some of the ways that the Act does this is; it formalizes and strengthens internal checks within corporations. It has instituted various new levels of control and sigh-off which is designed to ensure that financial reporting exercises the full disclosure and that corporate governance is transacted with full transparency. (Green, 2004) Has the Sarbanes-Oxley Act been a success or a failure? This particular question is very debatable among different people. I would like to include both sides those who think that SOA has been a failure, and those who feel that SOA has been a success. Those who tend to criticize the Act, often times claim that the Act is unnecessary, and is too expensive to implement. The most overbearing of all the criticizers of the bill claim that not only did the Sarbanes-Oxley Act fail, but also with its so called mission to ensure honest financial record keeping and disclosure but that it has also stifled new business development in the United States. Those who have deemed the SOA as being a success believe that more precise financial statements that are now being prepared for public companies allow the shareholders a greater confidence in regards to their investments. Green, 2004) Conclusion In conclusion having the opportunity to do this paper, has really taught me a lot about the Sarbanes-Oxley Act. Before doing the research I can honestly say that I had no idea what it was. My feelings on this Act is that I would more so deem it a success more than a failure for the simple fact that it allows shareholders of large corporations that added confidence and comfort when it comes to dealing with their investments. Also, it helps the internal controls of companies which ultimately provides them more tools to stop fraudulent activity. References: Anand, S. (2004). The Sarbanes-Oxley guide for finance and information technology professionals: by Sarbanes-Oxley group. Clifton, New Jersey: CLA Publishing. Green, S. (2004). Manager’s guide to the Sarbanes-Oxley act: improving internal controls to prevent fraud. Hoboken, New Jersey: John Wiley and Sons Inc. How to cite Sarbanes Oxley Act 2002, Papers

Compare and Contrast traveling through the dark and woodchucks free essay sample

In both poems â€Å"Traveling Through the Dark† by William Stafford, and â€Å"Woodchucks† by Maxine Kumin are comparing humans to different things. â€Å"Traveling Through the Dark† compares the doe, car, and man and how they each conflict with each other. In â€Å"Woodchucks† it is comparing the conflicts between man and man with the allusion of a woodchuck. Both poems use strong imagery, and state a shift in the tone, revealing their change of mind, and have similar conflicts showing the different relationships with nature, and their themes. â€Å"Traveling Through the Dark† uses imagery like â€Å"the road is narrow† possibly suggesting that he doesn’t have much time to make a decision. Also implying that the road is already a dangerous road to travel upon, and too add a dead doe to the various dangers would not be wise and would cause more deaths. â€Å"I stumbled back to the car† would suggest it was really late, he was tired and wouldve liked to just drive on. We will write a custom essay sample on Compare and Contrast traveling through the dark and woodchucks or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page â€Å"Beside the mountain road I hesitated† is saying that he is contemplating whether to push the pregnant doe over the side or to leave it there for other cars to hit and cause accidents. â€Å"I stood in the glare of the warm exhaust turning red,† the warm exhaust turning red paints the picture of death possibly because of red representing blood. In â€Å"Woodchucks† imagery mostly represents the Jews and Nazis. Like â€Å"Gassing the woodchucks† and â€Å"was featured as merciful† is implying that the woodchucks are like Jews and they were gassed, and it was considered more humane than being shot. â€Å"They had a sub-sub-basement out of range† is like the Jews having to hide in hidden attics in peoples houses.  Ã¢â‚¬Å"puffed with Darwinian pieties for killing† Darwin proposed that the ones who adapted would survive and the ones who couldnt would die; the Nazis would adapt, and the Jews couldnt so the would die. Once the man starts killing the woodchucks he shows that he has absolutely no regard for any of their lives. In the last stanza there is only one old woodchuck left and he cant catch and kill him. This portrays the Jews who could hide and escaped the Nazis wrath. â€Å"If only theyd all consented to die unseen gassed underground the quiet Nazi way† Shows that not all of the Germans were so cold hearted and enjoyed what they did, and that he wished most of them couldve died in a more humane way instead of being shot. Both poems â€Å"Traveling Through the Dark† and â€Å"Woodchucks† show a shift in the tone to a more hesitant and unsure manner of writing. In â€Å"Traveling Through the Dark† it says, â€Å"Beside that mountain road I hesitated† he was contemplating whether or not to push the deer over the side to clear the road. Also it states â€Å" I could hear the wilderness listen† which means he thought about it a long time pondering, and taking in account all the circumstances. Then it says â€Å" I thought hard for us all-† meaning humans and nature alike; â€Å"my only swerving-, then pushed her over the edge into the river. † Deciding it was best to clear the road preventing any human casualties, from this does death. In â€Å"Woodchucks† the man decides that because the â€Å"woodchucks† are taking his food, and the gas didn’t work he must result to shooting them. â€Å"I a lapsed pacifist fallen from grace† states he changed his ways to a â€Å"hawk eye killer†. Even though the man is happy he got rid of almost all the â€Å"pests† he says â€Å"If only theyd all consented to die unseen gassed underground the quiet Nazi way† which shows he is resentful and regrets what he did and mostly wishes he hadn’t. Both poems show conflict of humans and nature in different ways. â€Å"Traveling Through the Dark† theme is about mans disregard for nature, and how machines like the car for instance are competing with nature. The car killed the doe even though pregnant and with the fawn still alive man pushes it over the edge of the mountain for humanity’s own sake. â€Å"Woodchucks† is written as a human vs. nature conflict but once you dissect the poem you see that it really is human vs. human conflict. The human vs. human conflict in â€Å"Woodchucks† is representing the Jews as the woodchucks and the Nazis as the man. Both are basically about humans disregard for something that they think is inferior to them, like nature or Jews, in this case. All in all both â€Å"Traveling Through the Dark† and †Woodchucks† use similar imagery, shifts in tone, and conflicts to show their themes. Although they are quit similar their themes both vary slightly and have slightly different meanings,