Discussion: Merchandising Operations and Inventory

Discussion: Merchandising Operations and Inventory

 

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Walmart’s Inventory Accouting

Walmart Inventory Value

The Walmart balance sheets show that its inventory was at $43,046 by the end of the 2017 financial year (Walmart, 2017). There are several implications associated with the inventory value. First, the inventory value suggests the amount of product in the inventory and thus the extent to which the company is in a hurry to release its products, which influences the pricing.

Walmart Cost of Goods Sold

According to Walmart, (2017), the company uses cost of sales as an alternative concept for the cost of goods sold. The cost of sales includes the cost of manufacturing, storage and transportation. The report suggests a cost of sales value of $361,256.

(600 words)

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