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Target Case Study
Name: Thuy Nguyen
Date: 03/10/2013
Class: ACFN 310
RESEARCH ABOUT WALMART In 1945, Sam Walton opened his first grocery store. And then, in 1962, he founded the Wal-Mart at cheap prices located in Rogers, Arkansas. In 2012, Wal-Mart’s sales increased 5.9% or $ 443.9 billion over the same period last year (1). By saving money for over million people, Walmart becomes the first company in the world about saving. The question is “why?” that is because Walmart always find the best way to cutting-edge technology to track how people shop, even cut down the price, Walmart never cuts down the good of items, and always deliver as good as they can. Walmart recently held a ceremony to celebrate 50 years of helping customers save money and have a better life. Almost 50 years have passed, but Walmart has always been the first choice of all classes of customers, because Walmart ensuring them one thing that all customers will be unable to earn a safe shopping can save money as Walmart. The first part introduces the profile you know about Walmart. The next section I will go into the ratios and guide you how to calculate the ratios through statistics of Walmart. First, I will mention about liquidity ratio and I will take out current ratio. Current ratio is calculated by, to find the current asset and current liabilities; you need to look at the balance sheet. This ratio let you know that current liabilities are covered by those assets and it is expected to convert to cash in future. Second, let look at asset management and take inventory turnover to be the sample for this ratio. The calculation is. This shows you how many times the particular asset is turned over. Third, we will get to know the riskless is debt management; this ratio is calculated by. This gives us the knowledge percentage about debt of company; does that company borrow lot money? Fourth, it will be profitability and operating profit will representative for this ratio with equation. This ratio means earn


Cited: Duke, Michael. "To our shareholders, associates and customers." N.p., Online Posting to https://twitter.com/walmart. Web. 18 Mar. 2013. <http://www.walmartstores.com/sites/annual- report/2012/CEOletter.aspx>. Wikipedia, . "Financial ratio." Financial_ratio#Ratios, Web. 18 Mar. 2013. <http://en.wikipedia.org/wiki/Financial_ratio#Ratios>. Forbes, . "WAL MART STORES INC (NYSE: WMT)." FinancialIndustrial.jsp?tkr=wmt&period=qtr, Web. 18 Mar. 2013. <http://finapps.forbes.com/finapps/jsp/finance/compinfo/FinancialIndustrial.jsp?tkr=wmt&period=qtr >. Stock, Analysis. "Wal-Mart Stores Inc. (WMT)." Wal-Mart-Stores-Inc#Financial-Statements, Web. 18 Mar. 2013. <http://www.stock-analysis-on.net/NYSE/Company/Wal-Mart-Stores-Inc#Financial- Statements>. Yahoo, Finance. "Target Corp. (TGT) -NYSE." is?s=TGT+Income+Statement&annual, Web. 18 Mar. 2013. <http://finance.yahoo.com/q/is?s=TGT+Income+Statement&annual>. Bloomberg, Businessweek. "Wal-Mart Stores Inc (WMT:New York)." financials/ratios.asp?ticker=WMT, Web. 18 Mar. 2013. <http://investing.businessweek.com/research/stocks/financials/ratios.asp?ticker=WMT>. ADVFN, . "Wal Mart Stores." p.php?pid=financials&symbol=NYSE%3AWMT, Web. 18 Mar. 2013. <http://www.advfn.com/p.php?pid=financials&symbol=NYSE%3AWMT>. Walmart, . "Historical Price Lookup." historical-price-lookup, Web. 18 Mar. 2013. <http://stock.walmart.com/stock-information/historical-price-lookup>.
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