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Wal-mart annual report - compute days sales in receivables

Wal-Mart Annual Report -

1. Compute days sales in receivables at year end.

2. Based on the acid-test ratio, accounts receivable turnover, and days sales in receivables, how does the company compare to the industry?

3. By how much did the company's cash balance change from the beginning of the year to the end of the year?

4. What type of instruments does the company consider to be cash equivalent?

5. Calculate the cash ratio. How does this ratio compare with the industry?

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Accounting Basics: Wal-mart annual report - compute days sales in receivables

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