Please make the corrections to the attached paper by following the directions below.
The 2 sections that need to be corrected are highlighted in yellow on the attached paper.
1. Specific Market Conditions for Walmart in 2019
Please include numerical data (ie fed funds rate, unemployment rate, WMT’s effective interest rate, etc). You need to incorporate numerical data within the first two paragraphs in this section to relate one to another.
2. Walmart’s Performance Comparison from 2018-2019
Make sure you are using Macrotrends. Yahoo Finance Classic view.
PE and PB are under the Price tab.
ROA and ROE are under the Other Ratios tab.
Look UNDER the like charts inthe Historical data tables.
Walmart has a fiscal year-end of 01/31, so you need to use 01/31/2018 & 01/31/2019 for your ratio dates.
Revise the last sentence or two for each of your ratios. For PE, the decrease implies that your stock was likely overvalued in 2018 (may still be in 2019) with respect to earnings, as there is a correction taking place. For PB, the decrease implies that your stock was likely overvalued in 2018 (may still be in 2019) with respect to book value, as there is a correction taking place. For ROA, the decrease implies that your firm was less effective in converting assets to profits in 2019 vs 2018. For ROE, the decrease implies that your firm was less effective in converting equity to profits in 2019 vs 2018.
