Preview

What Is Walmart's Income Statement

Satisfactory Essays
Open Document
Open Document
202 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
What Is Walmart's Income Statement
Wal-Mart Stores, Inc. Comparative Consolidated Income Statement
2012 Amount Percent 443,854 100.0% 335,127 75.5% 108,727 24.5% 85,265 19.2% 23,462 5.3% 3,096 0.7% 2,160 0.5% 24,398 5.5% 7,944 1.8% 16,454 3.7% 2011 Amount Percent 418,952 100.0% 314,946 75.2% 104,006 24.8% 81,361 19.4% 22,645 5.4% 2,897 0.7% 2,004 0.5% 23,538 5.6% 7,579 1.8% 15,959 3.8% 2010 Amount Percent 405,132 100.0% 304,106 75.1% 101,026 24.9% 79,977 19.7% 21,049 5.2% 2,953 0.7% 1,884 0.5% 22,118 5.5% 7,156 1.8% 14,962 3.7%

Net Sales Cost of Goods Sold Gross Profit Operating Expenses Income from Opertaions Other Revenues and Gains Other Expenses and Losses Income before Income Tax Provision Income Tax Provision Net Income

From above comparative income statement for

You May Also Find These Documents Helpful

  • Good Essays

    Acc/291 Week 3

    • 626 Words
    • 3 Pages

    Sales returns $ 700 Rent expense 1,288 Sales discounts 950 Depreciation expense 600 Cost of merchandise sold 7,600 Gross sales 20,900 Advertising expense 1,650 Salary expense 2,900 Heat expense 900…

    • 626 Words
    • 3 Pages
    Good Essays
  • Best Essays

    SUA_year end worksheet

    • 182 Words
    • 13 Pages

    Gain/Loss on sale of marketable securities Interest/Dividend income Miscellaneous Revenue 40100 40200 40300 40400 40500 40600 40700 40800 40900 41000 Rent expense Advertising Expense Office supplies expense Deprecation Expense Wages and salaries expense Payroll tax expense Federal income tax expense Interest expense Bad debt expense…

    • 182 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    JCT2 Task 1

    • 1659 Words
    • 8 Pages

    Total Expenses 340,000 466,313 1,366,910 1,478,271 Operating Profit -340,000 -109,262 -42,504 196,703 Miscellaneous Income and Expenses + Other Income 0 0 0 0 - Other Expenses 0 0 0 0 = Earnings Before Interest and Taxes -340,000 -109,262 -42,504…

    • 1659 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    4). Sales for the year = $108,229, Net Income for the year= $13,144, Income from equity investments…

    • 7004 Words
    • 61 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Jeffersonian Corporation has been in business for over 50 years. The company is looking to expand…

    • 408 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    MODULE 4 HOMEWORK

    • 431 Words
    • 3 Pages

    Answer: Income before taxes ($377,000) equals net sales ($940,000) minus cost of goods sold ($376,000), minus operating expenses ($231,000), minus interest expense ($32,000), plus gain on sale ($76,000).…

    • 431 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Fin361 Appendix 3a

    • 2222 Words
    • 9 Pages

    I. II. III. IV. V. Sales Cost of Goods Sold Operating Expenses Nonoperating Revenue and Expense Other Issues…

    • 2222 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Thrifty Markets - Case

    • 1103 Words
    • 5 Pages

    Selling and administrative expenses: Selling expenses: Direct advertising General advertising* Sales salaries Delivery salaries Store rent Depreciation of store fixtures Depreciation of delivery equipment Total selling expenses Administrative expenses: Store management salaries General office salaries* Utilities Insurance on fixtures and inventory Employment taxes General office expenses—other* Total administrative expenses Total operating expenses Net operating income (loss) *Allocated on the basis of sales dollars.…

    • 1103 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Periodic inventory only sales recorded when inventory is sold. CMS is determined at the end of the accounting period…

    • 717 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    1. Prepare a statement of cash flows for the Widget Corporation. Follow the general procedures indicated in Table 2–10.…

    • 393 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Annual Report of Ogdcl

    • 473 Words
    • 2 Pages

    Year over year, Oil and Gas Development Co., Ltd. has been able to grow revenues from 115.7B to 125.8B. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 20.99% to 20.14%. This was a driver that led to a bottom line growth from 55.5B to 59.2B.…

    • 473 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    REVENUE ($000) Sales VARIABLE COSTS Direct Labor Direct Material Inventory Carry Total Variable Costs Contribution margin PERIOD COSTS Depreciation SG&A: R&D Promotion Awsum $30,000…

    • 8788 Words
    • 36 Pages
    Good Essays
  • Good Essays

    Wal-Mart is the largest retailer in the world. Being the largest retailer in the world is considered a huge strength because other competitors are below. This strength makes it easy to negotiate prices with suppliers. Being the number one customer gives Wal-Mart an advantage. However there is more to consider when you look at finances. For finances determines the over success of a company. Furthermore, one will have a better understanding when financial statements are considered. For example if I wanted to invest in a company, I would look into the company financial statements because I would have a better sense of knowledge of the return of money invested. But then again, what if I have no Idea how to read a financial statement, say I never took a finance class or an accounting class. How would I know that I’m investing my money in a trustworthy organization? Here is the solution, below is a financial analysis of Wal-Mart. As result you will be able to determine the suitability for investment. Typically, financial analysis is used to analyze whether an entity is stable, or profitable enough to be invested in. When looking at a specific company, the financial analyst will often focus on the income statement, balance sheet, and cash flow statement. In addition, one key area of financial analysis involves extrapolating the company's past performance into an estimate of the company's future performance.…

    • 760 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Sales ($ Mil.) 2011 70,395.00 50,200.00 19,400 12,200 8,800 4,780 4,230.00 3300 1,650 1,528.00 1,430.00 1028 992.3 779.1 774 681.6 671.4 660.5 644.4 625 506.4 501.9 452 424 400 390 375 370.3 300 242.2 233.5 226 224 223 207.3 192 190 182 179 174.5…

    • 5127 Words
    • 21 Pages
    Satisfactory Essays
  • Good Essays

    Audit & Assurance

    • 1033 Words
    • 5 Pages

    The purpose of Part 1 is to perform preliminary analytical procedures. You have been asked to focus your attention on two purposes of analytical procedures:…

    • 1033 Words
    • 5 Pages
    Good Essays