Financial Statement Case Study

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Financial Statement Case Study
Part 1: Financial Statement Research
Both the revenue and the cost of revenue increased in the years 2017 to 2018 the total Revenue was $485,873 million in 2017 and $500,343 million in 2018 a difference of $ 14.47 billion and representing a 2.98% increase, while the cost of revenue increased by 12.14 billion according for a 3.36% rise (Wal-Mart). While the gross profit increased by 1.87%, expenses net increased from $ 2. 267 billion to 7.126 billion, which explains the decrees in net income by 27.71%. In 2017, the inventory was $ 43.046 bbillion and increased to $ 43. 83 billion accounting for a 1.71% increase, but the cash and cash equivalents decreased by $ 111 million accounting for a reduction 1.62% in the current asset as is the case in the last four financial years from 2015 which was $ 9.135 billion in 2015, but fell to $ 6.756 billion in 2018 (Wal-Mart). The total current asset increased by 3.42%mmaily because the increase in the inventory levels offset the reduction in cash and the net receivables the total assets increased by 2.87%, namely because the long term investments increased by 319.21%, and the differ asset categories also increased. The liabilities have been increased and there was a 4.57% rise mainly because the current liabilities increased by 17.32% from $66.928 billion to $78.521 billion. In the case of stockholder’s equity the common stock decreased by 3.28% from 305 million to 295 million.
Part 2: Financial Statement Analy...