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Using the SEC $202310$k report please do the following. Determine the amounts Walmart reports for total assets, total liabilities, and total stockholders'

equity in the balance sheet for the page $53$ most recent year. Veri that the basic accounting

equation balances.

Walmart refers to its income statement using another name. What is it$?$

Determine the amounts Walmart reports for net sales and net income in its income statement

for the most recent year.

For investing activities, what is the item having the largest inflow and the item having the

largest outflow for the most recent year reported in the statement of cash flows? For financing

activities, what is the item having the largest inflow and the item having the largest outflow?

Who is the company's auditor? $($See the Report of Independent Registered Public Accounting

Firm.$)$ What does the report indicate about the amounts reported in the company's financial

statements?

Ch$.2$

Required:

Calculate Walmart's percentage change in total assets and percentage change in net sales for

the most recent year.

Calculate Walmart's percentage change in net income for the most recent year.

Did Walmart issue any common stock in the most recent year?

Do you see the term debit or credit listed in the balance sheet? Which account types in the

balance sheet increase with a debit and which ones increase with a credit?

Do you see the term debit or credit listed in the income statement? Which account types in the

income statement increase with a debit?

Which increase with a credit?

Ch$.3$ Required:

For the most recent year, what amount does Walmart report for current assets? What is the

ratio of current assets to total assets?

For the most recent year, what amount does Walmart report for current liabilities? What is the

ratio of current liabilities to total liabilities?

For the most recent year, what is the change in retained earnings reported in the balance sheet?

For the most recent year, what is the amount of net income reported in the income statement?

Using your answers in $3$ and $4$ above, calculate the amount of dividends paid during the year.

Verify your answer by looking at the retained earnings column in the statement of stockholders'

equity.

Ch$.4$

Required:

What does the Report of Independent Registered Public Accounting Firm indicate about

Walmart's internal controls?

In the summary of significant accounting policies, how does Walmart define cash equivalents?

What is the amount of cash reported in the two most recent years? By how much has cash

increased$/$decreased$?$

Determine the amounts Walmart reports for net cash flows from operating activities, investing

activities, and financing activities in its statement of cash flows for the most recent year. What

are total cash flows for the year?

Compare your answers in Question $4$ to the increase$/$decrease you calculated in Question $3.$

$($Note: Include any effect of exchange rates on cash as additional cash flow in Question $4.)$

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