The company I selected is Wal-Mart; the company’s total assets at the end of its most recent reporting period were $209,876. It is important because an annual report gives a lot of important information, when you are a regular stockholder; you receive a copy of the annual report from the company. This report will tell you how the company is doing, this report also tells if the company’s earnings are higher, lower, or the same as the year before. It will also tell how the sales are doing; all this information should be presented clearly in the financial section of the annual report.
Wal-Mart total assets at the end of the previous annual reporting period were $203,105. By looking at this information you can tell that there was a growth of $6771 for January 31, 2013 to December 31, 2013. Also you can see that there was a loss of $2713 from October 31, 2012 to January 31, 2013.
The amount of cash and cash equivalents that Wal-Mart had at the end of the report period was $8736, while reading the report I could see that again there was growth from January 31, 2013 to October 31, 2013. You can also see that from October 31, 2012 to January 31, 2013 there was a loss to the company.
The amount of accounts payable that Wal-Mart had at the end of its most recent annual reporting period was $39,221 also Wal-Mart had at the end of January 31, 2013 $38,080 for the end of the previous annual reporting period. You can see that there is a difference of $1141, this shows that they paid out more at the end of October then at the end of January. Also you can see that at the end of October 31, 2012 Wal-Mart was paying out even more.
For the last three reporting periods Wal-Mart has reported net income for October 31, 2012 and October 31, 2013. They have done so much for three months and nine months. October 31, 2012 for the last three months the net was $113,077 and