6. After standardizing and performing vertical and horizontal analysis on the financial statements,...

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6. After standardizing and performing vertical and horizontal analysis on the financial statements, continue to review the financial statements (and accompanying notes to the financial statements) to find answers to the following questions. Your answers for the following questions need to be shorta. What was the depreciation/amortization expense for each company in most recent year based on the provided annual reports?b. What method of depreciation does each company use (see notes to financials)?c. What was the per share market value of the company at its fiscal year-end?(Tip – you need to search for historical stock prices by search Yahoo!Finance or other source.)d. What amount were total dividends (if any) for each company for the the most recent year?e. Does the company grant terms to customers (Accounts Receivable)? If yes, what would be the gross amount of receivables and net amount of receivables?TIP: If you are not able to find an answer for the question(s) above (for one or both of your companies) please indicate this in your answer.7. Create a page of ratios, percentages, and/or numbers that review your selected companies. In total, you need to have five ratios excluding those that have already been generated based on your vertical and horizontal analysis.

Khushboo · Accepted Answer

Solution 6:
a. Depreciation expenses:
Walmart
The depreciation and amortization expenses of the entity for the fixed assets i.e. PPE under financing obligation and asset under capital leases in the year of 2018 is $10,529 million.
Target
The expenses of the depreciation and amortization of the entity for the property and plant for the current fiscal year is $2,445 million.
b. Method of depreciation:
Walmart
The property plant and equipment are initially recognized at cost and the PPE of the entity are depreciated by following the straight line method of depreciation over the estimated useful life of the assets.

6. After standardizing and performing vertical and horizontal analysis on the financial statements, continue to review the financial statements (and accompanying notes to the financial statements) to...

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