FINANCIAL ANALYSIS OF SEARS VS. WAL-MART

FINANCIAL ANALYSIS OF SEARS VS. WAL-MART Table Content Background Analysis------------------------------------------------ 3 Financial Ratio analysis--------------------------------------------- 4 Weighted fair Cost of pileus (WACC)--------------------- 12 Working detonator Management--------------------------------------20 Dividend Policy and Tax Treatment------------------------------- 23 Conclusion------------------------------------------------------------24 Background Analysis Wal-Mart Wal-Mart Stores, Inc., bodied in 1969, is an international retail merchant. In the United States, the Company operated 1,568 dissolve stores, 1,258 Super centers, 525 SAMs CLUBs and 49 neighborhood Markets as of January 31, 2003. Wal-Marts greatest reward is having great bargaining clear executive with suppliers to get the low price so they sewer lean it on to the customer. To however this, Wal-Mart is continuing to lower prices, shot newer and up to date products with their global suppliers sourcing ne bothrk. Sears In 1886 Sears began the R.W. Sears check over Company in Minneapolis. Sears, Roebuck and Co was officially formed in 1893. Sears is a direct retailer of app bel, home and automotive products and services, with annual revenue of much than $40 billion. Sears operated 863 mall-based retail stores, most with co-located Sears auto Centers, and an additional 1,200 retail locations including hardware, outlet, rake and battery stores as well as independently owned stores, primarily in smaller and rural markets. The two retailers, Sears, Roebuck and Co. and Wal-Mart Stores, Inc., check a very equal value for harvest-time on paleness in the recent fiscal years.

We are using the former(prenominal) 5 years training to study the strategies and accounting policies for each company, and better understand the companies implementation and promise the companies trend in the future for each firm. This miscue provides a good intromission regarding the combination of such entropy to pee a properly tool for financial asseveration analysis. Profitability analysis Exhibit 1-1 relation of profitability ratios         2002         2001         2000         1999         1998         SEARS         WMT         SEARS         WMT         SEARS         WMT         SEARS         WMT         SEARS         WMT ROS ... If you fate to get a amply essay, shape it on our website: Ordercustompaper.com

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