Select a publicly traded company and access the company\’s most recent annual report …

Select a publicly traded company and access the company\’s most recent annual report (select the \”Investors\” menu item). Locate the notes to the financial statements and identify the information topics disclosed in these footnotes and explain the reasons for disclosure.

SAMPLE SOLUTION

Walmart is an American multinational retail company that has a chain of hypermarkets, grocery stores, as well as departmental discount stores. The company publicly trades on the New York Stock Exchange. In the financial year 2020, the company released its full-year earnings for the fourth quarter. Under the company’s investor’s menu, the information presented includes business and strategy, financial information, stock information, financial investments, corporate governance, investor resources, and ECG investors. Under the financial report, the company provided the statement of changes in equity ownership since January 2020 to date (Walmart, 2020). The documents could be freely downloaded by anyone who accessed them.
The stock information, on the other hand, provided the graphical presentation of the stock levels held by the company from June 2016 to January 2020. Furthermore, there was an investment calculator that provided investors with the freewill to gauge their level of returns based on their principal investment and the time. The calculation is based on the company’s current stock and the financial position for the…