Financial Statement Review Essay

Financial Statement Review Essay

What is the net income for the current fiscal year? Is it up or down from the prior year? Why would this information be important to investors? The total consolidated net income for Fiscal Year 2015 is $17,099 million dollars. This is amount is up from the previous Fiscal Year (2014) which had a consolidated net income of $16,695 million dollars. This information can be found on page 38 of the Walmart 2015 Annual Report. This information would be of importance to investors because it indicates whether the company is prospering financially and generating revenue.What is the ending balance in stockholders’ equity? Why would a labor union potentially be interested in this information? The ending balance in stockholders’ equity is $323 million dollars. This information can be found on page 40 of the Annual Report. This information would be of potential interest to a labor union because it provides information that could be used in determining labor rates, work salaries, and employee benefits.What is the total value of assets? Why would this information be important to a potential creditor?The total values of assets is $101,381 million dollars which can be found on page 60 of the Annual Report. This information would be of importance to a potential creditor because it provides an indication of whether the company would be able to repay any accumulated debt. It also provides a picture of how liquid those assets might be.What is the total cash flow from operation?The total cash flow from operations is $17,099 million dollars which can be found on page 41 of the Annual Report.What financial statement user would find this information most important?