Analyzing Your Publicly Held Corporation

Your Name___Bobby Smiles____________________________

Analyzing Your Publicly Held Corporation

General Information:

1. What is the name of your corporation? Wal-Mart Stores, Inc.

2. Where are the corporate headquarters? 702 S.W. 8th Street, Bentonville Arkansas, 72716

3. What is the corporation's fiscal year end? January 31st

4. What are the primary products or services of the corporation? Wal-Mart Stores, Inc. ("Walmart," the "company" or "we") operates retail stores in various formats around the world and is committed to saving people money so they can live better.

5. Graph the high and low price of the company's stock for each quarter of the last two years.

What was the high and what was the low? High $57.18 and Low $46.42

6. Who is the company's transfer agent, and where are they located? Computershare 250 Royall Street, Canton, MA 02021

7. Who are your company's competitors? Wal-Mart stores compete with other supercenter-type stores, hypermarts, discount stores, supermarkets, department, drug, variety and specialty stores, many of which are national or regional chains.

Market Information:

8. On which stock exchange is your corporation's stock traded? New York Stock Exchange

9. What is the current market price of their stock? $54.75

10. What is the ticker symbol used to identify your corporation on the stock exchange? WMT

Internet Information:

11. What is the Internet address of your corporation? Be sure it appears as a hyperlink. http://www.walmart.com

12. Is the corporation's Annual Report on-line? Yes link

13. Are its financial statements on-line? Yes link

14. Is your company listed on Annualreports.com? Yes

15. How long is your company's 10-K report at the Securities and Exchange Commission website (Edgar Database)? 27 pages

Cash Flow and Retained Earnings:

16. List the amount of cash flows from each of the three activities, Operating, Investing, and Financing for the two most recent years. What was the increase or decrease in cash for each of these years?

All Amounts in Thousands

Cash Flows 2008 Increase/Decrease in Cash Flow % Increase/Decrease 2009 Increase/Decrease in Cash Flow % Increase/Decrease

Operating 23,174,000 2,820,000 12% Increase 26,249,000 3,0750,000 11% Increase

Investing (10,742,000) 4,928,000 31% Increase (11,620,000) (878,000) (8%) Decrease

Financing (9,918,000) (2,784,000) (28%) Decrease (14,191,000) (4,273,000) (30%) Decrease

17. Were there any Non-cash Investing/Financing Transactions? NoDescribe the type and amount. None Listed

18. What is the dollar difference between accrual net income and Cash provided by Operations? $11,914,000,000.00

19. What investing activity provided the largest inflow of cash in the current year? Other Cash flows from Investing Activities

20. What investing activity used the largest amount of cash in the current year?Capital Expenditures

21. What financing activity provided the largest inflow of cash in the current year? Other Cash Flows from Financing Activities

22. What financing activity used the largest amount of cash in the current year? Purchase of Stock

23. Does the company have sufficient cash inflows from the appropriate category? Yes Describe any problems the company many experience with cash flow from your analysis of the cash flow statement. Based on the cash flow statement my analysis reveals no potential problems.

24. Show the change in Retained Earnings for the two most recent years. What was net income for each year? How much was paid out in dividends each year?

Net Income 2008 = $13,400,000,000.00

Net Income 2009 = $14,335,000,000.00

Total Dividends Paid 2008 = $3,746,000,000.00

Total Dividends Paid 2009 = $4,217,000,000.00

25. Were the dividends on common stock and/or preferred stock? Common Stock What was the amount of each? $1.09 Per Share

26. Did Retained Earnings change for any reasons other than net income or dividends? Explain. No.

27. What classes of stock does your company have? Common

28. How many shares of each class of stock are authorized, how many are issued, and how many are outstanding?

Authorized = 11,000,000,000 Shares

Issued = 4,165,000,000 Shares

Outstanding = 3,759,007,514 Shares

29. Does your company have any treasury stock? No How many shares and what dollar amount? ) 0 Shares and $0.00

30. What is the par or stated value of each of your company's stocks? Par Value $0.10 Per Share

Footnote Disclosures:

31. How many footnote disclosures does your company have? 20

32. How many significant accounting policies are listed under its Summary of Significant Accounting Policies? 26

33. What does it include as Cash and Cash Equivalents? The Company considers investments with a maturity of three months or less when purchased to be cash equivalents

34. What method does it use to value Inventory? Last in First Out

What method(s) does it use to depreciate its assets?

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