The firms and their industry
Wal-Mart Inc. was founded in 1962 and it operates in the retailing industry and includes a vast chain of stores such as grocery, discount departments, and hypermarket. Its headquarters is in Bentoville, Akansas and it has expanded its operations globally with numerous stores being operated by the company (Wal-Mart Annual Report 2016). The CEO of the company is Doug McMillon and he has been influential in meeting the changing needs and dynamic nature of the consumer behavior. Some of the products offered include electronics, movies and music, party supplies, health and beauty, clothing, and jewelry among others (Wal-Mart Annual Report 2016). The innovativeness of the team has meant that the organization has grown to be one of the leading retail stores and it trades in New York Stock Exchange (NYSE).
Target Corp. is also amongst the leading discount stores in the United States and it was founded in 1902 and it is also traded in NYSE (Target Corp. 2016 Annual Report). The headquarters of the company is in Minneapolis, Minnesota and it has over 1,800 locations as per the information provided in its annual report of 2016. Target Corp transacts in myriad of products including bedding. Electronics, beauty and health products, food, furniture, and office supplies among others. The innovative and high …show more content…
As closing inventory is not a liquid asset, it is excluded from determining the value of the liquid assets prevailing in the organization. From the balance sheet analysis, the two companies are struggling in meeting the current obligations of the organization as they have reported acid-test ratio of less than 1.0. For three years in operations, Wal-Mart has reported 0.13 (2014), 0.28 (2015), and 0.24 (2016) while Target Corp. has reported 0.45 (2014), 0.44 (2015), and 0.29
Wal-Mart Inc. was founded in 1962 and it operates in the retailing industry and includes a vast chain of stores such as grocery, discount departments, and hypermarket. Its headquarters is in Bentoville, Akansas and it has expanded its operations globally with numerous stores being operated by the company (Wal-Mart Annual Report 2016). The CEO of the company is Doug McMillon and he has been influential in meeting the changing needs and dynamic nature of the consumer behavior. Some of the products offered include electronics, movies and music, party supplies, health and beauty, clothing, and jewelry among others (Wal-Mart Annual Report 2016). The innovativeness of the team has meant that the organization has grown to be one of the leading retail stores and it trades in New York Stock Exchange (NYSE).
Target Corp. is also amongst the leading discount stores in the United States and it was founded in 1902 and it is also traded in NYSE (Target Corp. 2016 Annual Report). The headquarters of the company is in Minneapolis, Minnesota and it has over 1,800 locations as per the information provided in its annual report of 2016. Target Corp transacts in myriad of products including bedding. Electronics, beauty and health products, food, furniture, and office supplies among others. The innovative and high …show more content…
As closing inventory is not a liquid asset, it is excluded from determining the value of the liquid assets prevailing in the organization. From the balance sheet analysis, the two companies are struggling in meeting the current obligations of the organization as they have reported acid-test ratio of less than 1.0. For three years in operations, Wal-Mart has reported 0.13 (2014), 0.28 (2015), and 0.24 (2016) while Target Corp. has reported 0.45 (2014), 0.44 (2015), and 0.29