Coca-Cola and Walmart Receivable Comparison
Annual Reports of the Coca-Cola® Company and Walmart®
For this week’s discussion, you will review the annual reports of the Coca-Cola Company and Walmart, two of the largest publicly traded firms in America.
Compute and compare the accounts receivable turnover ratios for Coca-Cola and Walmart. Indicate all numbers you used to calculate the ratio.
What constitutes a “reasonable” accounts receivable turnover ratio? What characteristic(s) of these companies would indicate that these ratios are reasonable?
Back up your answers with facts and cite websites and text references used.
Why might Coca-Cola and Walmart sell their receivables?
Coca-Cola
Visit the Coca-Cola website. You will need to find the financial information and the annual reports.
At the site, click your mouse on “Company” .
Then, locate “Investors” at the top of the page, and choose “Filings and Reports.”
