Select a large U.S. public corporation you are familiar with or which interests

Question

Select a large U.S. public corporation you are familiar with or which interests you. It should be on the Fortune 500 list. Using the Internet, develop a short (1.5 to 2 page) profile of the corporation. Obtain and attach (or provide URL) the most recent Annual Report from the company's web site. Include the following information: Name of the Corporation. State of incorporation. Nature of its operations. Time period covered by the Annual Report you used. Total assets on the balance sheet. Total revenues on the recent income statement. Net Income on the income statement Description of classes of stock outstanding, from the balance sheet or notes. Market price of the stock for the Friday closest to the due date of the project (Yahoo finance or other stock quote site). High and low prices of stock for the past 12 months (Yahoo finance or other stock quote site). Dividends paid for each of share of stock during the year covered by the annual report from the income statement or notes. Discuss something that you found interesting in the annual report, which you didn't know before.

Explanation / Answer

Solution.

(1) The name of a large U.S. public corporation is Walmart - Stores

(2)   Website : www.corporate.walmart.com

(3) A short profile of the Walmart coperation is given below:

American multinational retail corporation that operates a chain of hypermarkets, discount department stores and grocery stores. Walmart is the world's largest company by revenue, according to the Fortune Global 500 list in 2014 as well as the biggest private employer in the world with 2.2 million employees. Walmart is a family-owned business, as the company is controlled by the Walton family. The company was listed on the New York Stock Exchange in 1972. In the late 1980s, the company rose from a regional to a national giant. By 1988, Walmart was the most profitable retailer in the U.S. and by October 1988, it had become the largest in terms of revenue. Geographically limited to the South and lower Midwest up to the mid 1980s, by the early 1990s the company's presence spanned from coast to coast-Sam's clun opened in New Jersey in November 1989 and the first California outlet opened in Lancaster in July 1990. A Walmart in York, Pennsylvania opened in October 1990, bringing the main store to the Northeast.

Walmart's investments outside North America have seen mixed results: its operaation in the United Kingdom, South America, and China are highly successful, whereas ventures in Germany and South Korea failed.

(4) Nature of the Walmart stores

Wal-Mart Stores is an irresistible or at least unavoidable retail forcr that has yet to meet any immovable objects. Bigger than Europe's Carrefour, Metro AG, and Tesco combined, it's the world's #1 retailer.

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