Assignment
WALMART
• Risk factors are a required item in the Form 10-Q and Form 10-K. Find an example of an interesting risk factor and comment on why it's important to the WALMART
• MD&A section provide significant useful information to the users of the financial statements. Read WALMART MD&A section from the recent fiscal period 10-K and
o Identify the reason given by the Company for the change in revenue from the prior fiscal year to the most recent fiscal year and
o Identify the reason given by the Company for the change in cash and equivalents from the prior fiscal year to the most recent fiscal year.
Task
• What forms do most companies file with the SEC on a periodic basis? Explain the purpose of each form and its primary contents.
• What is the importance of a Form 8-K? What is the importance of a proxy statement? Provide examples of disclosures made in each form.
• Goldisk Company began operations five years ago. The company produces and sells software. The company's primary market is in the United States, where 60% of sales occur. Ten percent of the company's sales occur in China and 30% of sales occur in Europe. Foreign sales are denominated in local currencies. Major software purchases may be paid over a one-year period.
Goldisk Company has obtained its long-term financing from U.S., Chinese, and European banks. Approximately one-half of the loans from U.S. banks are variable-rate loans, with the remainder of the company's loans being fixed-rate obligations.
Goldisk Company has seen dramatic fluctuations in earnings during its five years of existence.
Identify the types of risk faced by Goldisk Company.
Format your assignment according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.