MEET. The world’s largest public corporation by revenue. The largest private employer in the world. The largest grocery retailer in the USA. The largest toy seller in America. Each year 93% of the American households do shopping in some Wal-Mart store at least once.
MEET • The world’s largest public corporation by revenue • The largest private employer in the world • The largest grocery retailer in the USA • The largest toy seller in America • Each year 93% of the American households do shopping in some Wal-Mart store at least once $ 8,500 stores in 15 different countries
Wal-Mart Stores- sales amounted to 64.3%; • Discount Stores- 1,568 U.S • Supercenters- 1,258 U.S • Neighborhood Markets- 49 stores U.S • Sam’s Club- sales amounted to 13.0% • 525 stores U.S • Is a member only, cash and carry operations • International- sales amounted to 16.7% • Discount stores- 942 • Supercenters- 238 • Sam’s Clubs- 71 • Neighborhood Market- 37 3 different segments:
Stock market information • Most recent price for Wal-Mart stock is $54.87 (Feb./17/2011) • The 12 month trading range is between $46.25 and $55.20
Dividends • Dividend per share: $1.09
Accounting policies: Revenue Recognition: The company recognizes sales revenue net of sales axes and estimated sales returns at the time it sells merchandise to the client. Cash: The investments with a maturity of three months or less are considered cash. Also, all debit credit cards process in less than a week are considered cash. Inventory: The inventory is recorded in books at its lower cost with the accounting method “LIFO” (last in-first out). And the international inventory is valued with “FIFO” (first in-first out) Long life assets: PPE and other long life assets are sated at cost.