ACC/280-Week 2 team assignment- Sandy’s portion
(Amounts in millions)

What were the company’s two largest current liabilities at the end of its 2 most recent annual reporting periods?
Wal-Mart’s two largest current liabilities at the end of its two most recent annual reporting periods were:
2012-Accounts payable totaling $36,608 and Accrued liabilities totaling $18,154.
2011-Accounts payable totaling $33,676 and Accrued liabilities totaling $18,701.
Accrued liabilities consisted of the following: Accrued wages and benefits, self-insurance and other.
(1)Accrued wages and benefits include accrued wages, salaries, vacation, bonuses and other incentive plans.
(2) Self-insurance consists of all insurance-related liabilities, such as workers’ compensation, general liability, vehicle liability, property and employee-related health care benefits.
(3) Other accrued liabilities consists of various items such as accrued taxes, maintenance, utilities, advertising, interest, and severance liabilities.

What were the company’s total liabilities at the end of its 2 most recent annual reporting periods?
The company’s total liabilities at the end of fiscal year 2012 totaled: $62,300.
For fiscal year 2011, Wal-Mart’s current liabilities totaled $58,603.
Other liabilities that were included in this total were: Accrued income taxes, long-term debt due within one year, Obligations under capital leases due within one year and current liabilities of discontinued operations.

What were the company’s revenues (or net revenues) for the last 3 annual reporting periods?
According to Wal-Mart’s 2011 annual report, revenues in net sales were as followed:
2012-$446,950
2011-$421,849
2010-$408,085
Like every other year, Wal-Mart continues to dominate the retail industry. Currently, Wal-Mart’s total revenue has grown by 6% in comparison to previous years. During its 4th