llowing table gives abbreviated balance sheets and income statements for Walmart. At the end of fiscal 2019, Walmart had 2,832 shares outstanding with a share price of $94. The company's weighted-average cost of capital was about 5%. Assume a tax 21%. Balance Sheet (figures in $ millions) Fiscal 2019 :ts rent assets: sh and marketable securities counts receivable ventories her current assets Total current assets ed assets: et fixed assets her long-term assets Total assets ilities and Shareholders' Equity rent liabilities: counts payable her current liabilities $ 9,465 6,284 44,435 1,622 $ 61,806 $ 127,049 47,640 $ 236,495 $ 46,973 30,817 00 Fiscal 2018 $ 7,722 6,283 44,269 3,623 $ 61,897 $ 111,395 46,003 $ 219, 295 $ 47,060 30,417
llowing table gives abbreviated balance sheets and income statements for Walmart. At the end of fiscal 2019, Walmart had 2,832 shares outstanding with a share price of $94. The company's weighted-average cost of capital was about 5%. Assume a tax 21%. Balance Sheet (figures in $ millions) Fiscal 2019 :ts rent assets: sh and marketable securities counts receivable ventories her current assets Total current assets ed assets: et fixed assets her long-term assets Total assets ilities and Shareholders' Equity rent liabilities: counts payable her current liabilities $ 9,465 6,284 44,435 1,622 $ 61,806 $ 127,049 47,640 $ 236,495 $ 46,973 30,817 00 Fiscal 2018 $ 7,722 6,283 44,269 3,623 $ 61,897 $ 111,395 46,003 $ 219, 295 $ 47,060 30,417
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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