FINANCIAL ANALYSIS OF SEARS VS. WAL-MART

FINANCIAL ANALYSIS OF SEARS VS. WAL-MART Table Content Background Analysis------------------------------------------------ 3 Financial Ratio analysis--------------------------------------------- 4 Weighted mean(a) Cost of pileus (WACC)--------------------- 12 Working hood Management--------------------------------------20 Dividend Policy and Tax Treatment------------------------------- 23 Conclusion------------------------------------------------------------24 Background Analysis Wal-Mart Wal-Mart Stores, Inc., merged in 1969, is an international retailer. In the United States, the Company operated 1,568 cut stores, 1,258 Super centers, 525 SAMs CLUBs and 49 locality Markets as of January 31, 2003. Wal-Marts greatest improvement is having great bargaining snarf executive with suppliers to get the last-place price so they keister lean it on to the customer. To foster this, Wal-Mart is continuing to lower prices, spin newer and up to date products through their global suppliers sourcing ne bothrk. Sears In 1886 Sears began the R.W. Sears respect 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 yearbook revenue of much than $40 billion. Sears operated 863 mall-based retail stores, most with co-located Sears motorcar Centers, and an additional 1,200 retail locations including hardware, outlet, drudge and battery stores as well as independently owned stores, primarily in little and rural markets. The two retailers, Sears, Roebuck and Co. and Wal-Mart Stores, Inc., pitch a very same value for harvest-time on equity in the recent pecuniary years.

We are using the olden 5 years education to study the strategies and accounting policies for each(prenominal) company, and better understand the companies proceeding and promise the companies trend in the future for each firm. This trip provides a good gateway regarding the combination of such study to pee a effective tool for financial avowal 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 privation to get a profuse essay, shape it on our website: Orderessay

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