ing business CA You are considering an investment in the common stock of Wal-Mart. The following information is from the financial statements of Wal-Mart Stores, Inc. and Subsidiaries included in Form 10-K for fiscal years 2014 and 2013 (in millions of dollars): horyzing Cost of sales for the year ended: January 31, 2014 January 31, 2013 Inventories: January 31, 2014 January 31, 2013 January 31, 2012 $358,069 352,297 44,858 43,803 40,714 The following information is from the financial statements included in Form 10-K for fiscal years 2013 and 2012 for Target Corporation (in millions of dollars): Cost of products for the year ended: February 1, 2014 February 2, 2013 Inventory: February 1, 2014 February 2, 2013 January 28, 2012 $51,160 50,568 8,766 7,903 7,918

ing business CA You are considering an investment in the common stock of Wal-Mart. The following information is from the financial statements of Wal-Mart Stores, Inc. and Subsidiaries included in Form 10-K for fiscal years 2014 and 2013 (in millions of dollars): horyzing Cost of sales for the year ended: January 31, 2014 January 31, 2013 Inventories: January 31, 2014 January 31, 2013 January 31, 2012 $358,069 352,297 44,858 43,803 40,714 The following information is from the financial statements included in Form 10-K for fiscal years 2013 and 2012 for Target Corporation (in millions of dollars): Cost of products for the year ended: February 1, 2014 February 2, 2013 Inventory: February 1, 2014 February 2, 2013 January 28, 2012 $51,160 50,568 8,766 7,903 7,918

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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