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Acc/290 Week 5 - Learning Team Assignment Paper

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\A Review of Wal-Mart’s Fiscal Year 2013 (FY-13) Financial Statement

Two important parts of company’s financial statement are the balance sheet, that list of the company’s asset and liabilities at the end of a period and the income statement that is also referred to as the profit-and-loss statement or statement of revenue and expense because it shows the company’s financial performance during the period ("Income Statement," n.d.). Wal-Mart’s FY-13 financial statement for the period ending on 31 January 2013 shows that they had over $203 million in total assets and provides details of just how that amount came to be. Breaking Down the Income Statement and Balance Sheet Wal-Mart has proven time and time again that it is one of the United States most financially stable company’s. During period of recession and financial shortfalls, Wal-Mart is still able to produce a profit while increasing its assets and providing the stockholders will sound returns on their investment. A brief synopsis of the company’s income statements and balance sheets for 2011 through 2013 tell the story of its performance ("Wal-Mart Stores, Inc. Revenue And Financial Data," 2013).
|Income Statement |2013 |2012 |2011 |
|Revenue |$469,162 |$446,950 |$421,849 |
|Gross Profit |$116,674 |$111,823 |$106,562 |
|Operating Income |$27,801 |$26,558 |$25,542 |
|Net Income |$16,999 |$15,699 |$16,389 |…...

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