Monday, February 24, 2020
Wal mart Assignment Example | Topics and Well Written Essays - 250 words
Wal mart - Assignment Example Walmart Inc. operates more than 11,000 stores across 27 countries around the globe. Most of the international stores of Walmart are in Africa, Argentina, Brazil, China, Japan, Canada, Chile, Mexico, UK, and Central America. This is because they enjoy monopoly in countries without such vibrant stores and the population of the countries is a source of customers. b. Provide a trend analysis for years 2011, 2012 and 2013 as to where Walmart expanded and/or divested in its domestic and international markets. That is, where did they open and/or close their stores. Also pay attention to the type of stores they are opening and/or closing. Walmart has six different types of stores opened across the world. Among them is the Supercenter, quick-trip to a convenience store, Discount store, Samââ¬â¢s Club warehouse stores, Campus convenience stores. The company decided to enhance selling of groceries since they learnt that food sells as compared to other stuff Consolidated net sales for the entire fiscal year were $466.1 billion representing an increase of 5.0% over fiscal 2012. Net sales included about $4.0 billion from acquisitions and approximately $4.5 billion of negative impact from currency fluctuations of exchange rate. Membership and other income was $3.0 billion, showing a decrease of 1.6 percent from the previous year. The total revenue was $469.2 billion increasing by $22.2billion or 5%. Income from continuing operations connected to Walmart was $17.0 billion, which is a 7.8 % increase from $15.8 billion in the previous fiscal year. 2013 fiscal was $5.02 as compared to last yearââ¬â¢s $4.54, a 10.6% increase. The effective tax rate for the wholeyear was 31.0 percent, compared to 32.6 percent for the prior year. The trend in the analysis shows that Walmart has a financial graph that is rising between 2011 and 2013. This comes as a result of having a fiscal policy that is organized
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