compare Accounting experts only please

you will review the annual reports of the Coca-Cola Company and Walmart, two of the largest publicly traded firms in America.

Coca-Cola \

http://www.coca-cola.com/en/index.html to go to the website. Find the financial information and then annual reports. At the site, rest your mouse over Coke in the USA, on the drop-down menu, click on About The Coca-Cola Company | “Investors” and Reports & Financial Information. Choose the most current Annual Report. Note in the Discussion Board which year’s information you used. You will need to scroll through the annual report to find the information that you need to answer the questions. Remember what you learned in Accounting I about financial statements to help you find what you need.

Walmart http://www.walmart.com/

· Click Walmart to go to the website

· Follow the link above to Walmart’s website.

· Scroll to the bottom of the page.

· Under the “Stores & Corporate heading,”

· Click on the link “Investor Relations.”

· On the left-hand page under “Financial Information,” click on “Annual Reports.”

· Click on the PDF in the image.

Coca-Cola & Walmart Receivable Comparison

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 website and text references used.)