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FOR THE COMPANIES WALMART AND COSTCO FIND BELOW:
Accounting policies and disclos
FOR THE COMPANIES WALMART AND COSTCO FIND BELOW:
Accounting policies and disclosure:
How many segments does the company report? Which are they? Using data from the latest year, show the mix of the company’s revenues from the reported segments.
Does the company provide employees with postretirement benefits? If yes, is it a defined contribution plan or a defined benefit plan? For defined benefit plans, show the balance of projected benefit obligations (PBO) and fair value of plan assets, respectively, as a percentage of the company’s total assets, for each of the last three years. For defined contribution plans, show the amount of expense in relation to the plan as a percentage of revenues for each of the last three years.
When did the company adopt ASC 842, the new lease accounting standard? Which line items on the income statements and balance sheets are affected the most by the adoption?
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