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Wal-Mart Financial Paper

Essay specific features

 

Issue:

Business

 

Written by:

Robert W

 

Date added:

January 7, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1189

 

Was viewed:

3918 times

 

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Essay content:

Fortunately for Wal-Mart, the method worked. Wal-Mart grossed $100 billion, breaking its fourth-quarter sales record. Wal-Mart also beat a large competitor, Target, for the first time in almost a decade. CEO, Lee Scott assumed the worst because of the fourth-quarter retail forecast, and did what many retailers don’t want to do, cut prices so dramatically, it almost becomes a scare tactic to them...
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Pro Forma is a great tool because it forecasts what may be ahead. “A cash forecast (budget) is a presentation of cash results based upon assumptions about conditions and actions expected to exist or occur during the forecast period (www.asbdc.ualr.edu).” So when Wal-Mart is preparing their cash forecast (budget) for the upcoming year they would need to first and foremost define the time period that the cash budget is to be written for as the length, usually a financial year, can vary based on the plan the company is hoping to make and it is essential that you clearly define the time frame in which the cash budget is for...
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General issues of this essay:
Wal-Mart A Strategic Management paper on Wal-mart Analysis Of Wal-Mart'S 2004 Financial Statements Core competencies of Wal mart and Honda Instruments for their Growth Wal mart Wal-MArt Wal-Mart Financial Analysis Wal-Mart Financial Paper Wal-Mart Stores Stock Market Project Wal-Mart in the Oligopolistic Market Wal-Mart Wal-Mart Wal-mart financial analysis wal-mart Wal-Mart Paper
 

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