Wal-mart Essay Example | Topics and Well Written Essays - 500 words - 1

Wal-mart - Essay Example The company has a wide customer base with over 200 million customers served on a weekly basis (Walmartstores). In 2010 Wal-Mart Corporation achieved sales of $405 billion. This sales figure represents an improvement of 1% in comparison with 2009 and 8.34% in comparison with fiscal year 2008. These figures are impressive considering that during this period the world was in the middle of a global recession. Typically the retail business in one of the hardest sectors hit during a recession. Wal-Mart was able to keep growing despite the recession. In 2010 Wal-Mart had a return on return on assets of 8.9%. Wal-Mart obtained a small increase in sales in 2010, but its profitability when up a lot. The net income of the company was $14,335 million. The company achieved an increase in net income in 2010 of 6.97%. The cash reserves of the corporation increased from $7,275 million in 2009 to $7907 million in 2010. The total assets of the company went up by 4.45% in 2010. The debt to equity ratio of the corporation in 2010 was 1.34. This figure is bit above the normal desirable ratio of 1.0. The industry debt to equity ratio of the retail industry is 0.48 (Dun & Bradstreet). This means that Wal-Mart’s debt to equity ratio is below the industry. Due to the fact that the company is such an established business the company has the ability to finance its operation beyond the norm. The ratio means that the company has chosen to more of its operations with debt than with equity. The current ratio which measures the company’s ability to pay off its short term debt is 0.87. The 8.9% return of assets metric of Wal-Mart is much better than the industry norm of 3.6%. In 2010 the company had a return on equity of 19.65%. This figure is much better than the industry norm of 4.2%. Wal-Mart Corporation is one of the most successful businesses in America. The common stocks of the firm are a good

CASE SCENARIO Essay Example | Topics and Well Written Essays - 500 words

CASE SCENARIO - Essay Example But there is no evidence of any spill. Situation Analysis And Solution: Let’s us assume that the production employee does not know how to identify the material, as the Hazard Communication Standard requires that all chemicals be appropriately labeled. â€Å"Under the provisions of the Hazard Communication Standard, employers are responsible for informing employees of the hazards and the identities of workplace chemicals to which they are exposed†, says OSHA in its information booklet. The emergency response team and the plant manager have already been informed about the incident. Entry to the area restricted except for those involved in the clean up operations. The first step to entering the area of incident involves wearing protective gears such Positive Pressure Self-Contained Breathing Apparatus, gloves and shoe covers by the team coordinators. A quick survey of the area is done and it declared as restricted area.Next is to identify the material that is spilled by identifying the label. Identifying the s pill is half work done, as this is will tell what procedure it needs to undertake to limit the hazardous situation. The HazMat Team is then given relevant spill response instructions. The following will be the action list they would follow: The team members also needed to be appropriately protected with the personal protective clothing and equipment. Restrict entry of any unauthorized individuals. As the spillage is from a 55 gallon drum, two or three team members will take care of transferring the contents into a larger drum as soon as possible. Two or three of the members work on limiting the spill from spreading further. A part of the hazard management team involves in relocating the other hazardous chemical containers to safer areas. As fumes are being produced, let us assume that the chemical that spilt was a strong acid. The next step is use