These trends from common size statements For Walmart INC, what conclusions can you draw from...

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These trends from common size statements For Walmart INC, what conclusions can you draw from them?

Walmart Inc. Income statement : - Walmart Inc.'s operating income as a percentage of net sales declined from 2016 to 2018 by 5.04% (2016), 4.73% (2017), 4.12% (2018). The income from continuing operations before income taxes as a percentage of net sales declined from 2016 to 2018 by 4.52% , 4.26%, 3.05%. Walmart Inc.'s consolidated net income attributable to Walmart as a percentage of net sales declined from 2016 to 2018 by 3.15%, 2.97%, 2.12%. Walmart Inc. Balance sheet Assets & Liabilities and stockholders' equity): 0 - Walmart Inc.'s current assets as a percentage of total assets increased from 2017 to 2018 by 29.01% (2017), 29.17% (2018). The property and equipment, including property under capital lease and financing obligations, net as a percentage of total assets declined from 2017 to 2018 by 57.43%. 56.14%. Long-term assets as a percentage of total assets declined from 2017 to 2018 by 70.99%, 70.83% (0) - Walmart Inc.'s current liabilities as a percentage of total liabilities, redeemable noncontrolling interest, and equity increased from 2017 to 2018 by 33.66%, 38.39%. Long-term liabilities as a percentage of total liabilities, redeemable noncontrolling interest, and equity declined from 2017 to 2018 by 25.83% , 22.09%. Total liabilities as a percentage of total liabilities, redeemable noncontrolling interest, and equity increased from 2017 to 2018 by 59.49% , 60.48%. Total Walmart shareholders' equity as a percentage of total liabilities, redeemable noncontrolling interest, and equity declined from 2017 to 2018 by 39.13%, 38.07%

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