SEARS VS. WAL-MART Table Content Background Analysis------------------------------------------------ 3 Financial Ratio analysis--------------------------------------------- 4 Weighted Average Cost of Capital (WACC)--------------------- 12 Working Capital Management--------------------------------------20 Dividend Policy and Tax Treatment------------------------------- 23 Conclusion------------------------------------------------------------24 Background Analysis Wal-Mart Wal-Mart Stores‚
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Sears vs. Wal-Mart Questions Accompanying the Case Create a table and calculate the following ratios for the three years for both Sears and Wal-Mart: Current ratio‚ quick ratio‚ ‚ total assets turnover‚ fixed assets turnover‚ inventory turnover (using cost of good sold)‚ inventory turnover per day (days payable)‚ days sales outstanding‚ days payable outstanding‚ debt ratio‚ time-interest-earned‚ fixed charges coverage‚ return on sales‚ net operating profit after taxes ratio‚ return on total
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companies been able to increase sales at more than the industry average? For some‚ growth will undoubtedly have been achieved via merger and acquisition. It could well be the case that none of these companies are your direct competitors‚ but do not dismiss these companies out of hand. They are telling us something about the future direction of the Industrial Fastners industry that you would do well to consider. Pink Page No. (Country) Company Name Sales Growth Total Sales 119 (DE) HEWI G. WINKER GMBH
Free Types of companies Corporation Mergers and acquisitions
Impact of Wal-Mart on the US Economy With over 5‚300 stores in the United States‚ Wal-Mart has become one of the fastest growing retail chains in the United States (Rossi‚ 2005). Their many stores are not hard to find as you travel along many of the highways in the United States. With low prices and great deals it has become very difficult not to resist the inviting people greeting you at the door and massive signs that draw you to buy from their stores. Since the opening of its first store in
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Bentonville‚ Arkansas‚ Wal-Mart has not stopped expanding. The First Wal-Mart store was opened in 1962 by a Mr. Sam Walton. He opened the store with one intention: sell products people need at the lowest price available. Wal-Mart has since blown up into a globally known and used corporation. Currently‚ more than fifty percent of all Americans live within five miles of a Wal-Mart store‚ which is less than a ten mile drive away. Ninety percent of Americans live within fifteen miles of a Wal-Mart. (Fishman‚ 2006)
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chose to analyze is Wal-Mart. The main sections of the annual report consist of revenue‚ balance sheet‚ and cash flows. Over the past year‚ Wal-Mart had a 2.19% price range over the last 100 days‚ and a 52 week high/low of 77.15-57.36. Their net sales were increased over the last year by 5.9%‚ leaving their net sales at $443‚854‚000. 2. Discuss the key factors that influenced the company’s financial performance during the year. During the fiscal year 2011-2012‚ Wal-Mart opened 612 new stores
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opinions on how Walmart has impacted America in various ways. One of the most popular contreversary is its effect on the economy. "Walmart does more for the average american than any other company" (Ray Bracy‚ Troy 1 ). Walmart has left a positive impact on America at the local‚ regional and national level that has helped America grow as a country within the economy‚ offering benefits to its employees and providing job aids for many americans. "There are a lot of people who hate Wal-Mart. In the absence
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Running head: WAL-MART SEX DISCRIMINATION LAWSUIT WAL-MART SEX DISCRIMINATION LAWSUIT Largest Case in US History Revives a Longstanding Debate By: Tambra Sullivan Minot State University BADM 537 Human Resource Management August 2011 Abstract The sex discrimination case against Wal-Mart‚ in which the U.S. Supreme Court handed an important victory to the retail chain on June 20‚ 2011‚ revives a longstanding debate: are disparities in the workplace due primarily to
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Running Head: TOXIC ORGNAIZATIONAL CULTURE The Toxic Organizational Culture at Wal-Mart TOXIC ORGANIZATIONAL CULTURE The Toxic Organizational Culture at Wal-Mart Organizational culture is not a new concept in the world of organizational behavior. Yet despite its age‚ it still has many varied definitions as well as philosophies on its importance and impact to the success of a company. One definition is that organizational culture is a cognitive framework consisting of attitudes‚ values
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Wal-Mart Internal/External Factors Team B MGT/230 February 4‚ 2013 Penelope Thomas Wal-Mart Internal/External Factors Sam Walton opened the first Wal-Mart store in Arkansas on July 2‚ 1962‚ (Carson‚ 1999-2013). The vision of Sam Walton for his store Wal-Mart was to provide lower prices and to reflect on the values of the community and the customer. Consumers remember Wal-Mart for its motto "customer satisfaction" and “guaranteed lower prices." Wal-Mart offers employee training for everyone
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