This document provides instructions for a writing assignment on supply chain innovations by Walmart. Students are asked to research Walmart's innovations in supply chain management from sources beyond the provided lecture, writing a minimum of 300 words describing original innovations. Examples of potential topics include technology innovations instituted by Walmart. Papers must follow APA style guidelines, use standard formatting, and represent the student's best work. The goal is for students to gain a deeper understanding of Walmart's leadership in supply chain management beyond what is covered in the lecture.

1. QUESTION 1
· Choose the one alternative that best completes the
statement or answers the question. Solve the problem. Prepare
a balance sheet for Mullen's Hardware for December 31 of last
year. The company assets are cash $15,000, accounts receivable
$21,000, and merchandise inventory $95,000. The liabilities are
accounts payable $12,000 and wages payable $17,000. The
owner's capital is $102,000.
·
·
·
· Mullen's Hardware Balance Sheet
· Total assets: $131,000
· Total liabilities: $29,000
· Total liabilities and owner's equity: $131,000
·
·
·
·
· Mullen's Hardware Balance Sheet
· Total assets: $131,000
· Total liabilities: $12,000
· Total liabilities and owner's equity: $131,000
·
·
·
·
· Mullen's Hardware Balance Sheet
· Total assets: $95,000
· Total liabilities: $12,000
· Total liabilities and owner's equity: $102,000
·
·
·

2. ·
· Mullen's Hardware Balance Sheet
· Total assets: $131,000
· Total liabilities: $17,000
· Total liabilities and owner's equity: $17,000
·
·
Question 2
Solve the problem. Express answers as a percent rounded to the
nearest tenth.
Complete a vertical analysis on the balance sheet for Mullen's
Hardware for December 31 of last year. The company assets are
cash $11,000, accounts receivable $40,000, and merchandise
inventory $96,000. The liabilities are accounts payable $19,000
and wages payable $25,000. The owner's capital is $103,000.
Mullen's Hardware Balance Sheet
· Cash: 7.5%
· Accounts receivable: 27.2%
· Merchandise inventory: 65.3%
· Total assets: 100%
· Accounts payable: 43.2%
· Wages payable: 17.0%
· Total liabilities: 29.9%
· Mullen's capital: 70.1%
· Total liabilities and owner's equity: 100%

3. Mullen's Hardware Balance Sheet
· Cash: 7.5%
· Accounts receivable: 27.2%
· Merchandise inventory: 65.3%
· Total assets: 100%
· Accounts payable: 12.9%
· Wages payable: 56.8%
· Total liabilities: 29.9%
· Mullen's capital: 70.1%
· Total liabilities and owner's equity: 100%
Mullen's Hardware Balance Sheet
· Cash: 7.5%
· Accounts receivable: 27.2%
· Merchandise inventory: 65.3%
· Total assets: 100%
· Accounts payable: 12.9%
· Wages payable: 17.0%
· Total liabilities: 29.9%
· Mullen's capital: 70.1%
· Total liabilities and owner's equity: 100%
Mullen's Hardware Balance Sheet
· Cash: 7.5%
· Accounts receivable: 27.2%
· Merchandise inventory: 65.3%
· Total assets: 100%
· Accounts payable: 43.2%
· Wages payable: 56.8%

4. · Total liabilities: 100%
· Mullen's capital: 70.1%
· Total liabilities and owner's equity: 100%
QUESTION 3
· Solve the problem. Express answers as a percent
rounded to the nearest tenth. Complete a vertical analysis on
the balance sheet for Jake's Janitorial Service for December 31
of last year. The company assets are cash $20,000, accounts
receivable $48,000, merchandise inventory $89,000, and
equipment $82,000. The liabilities are accounts payable
$13,000, wages payable $16,000, and mortgage note payable
$77,000. The owner's capital is $133,000.
·
·
·
· Jake's Janitorial Service Balance Sheet
· Cash: 8.4%
· Accounts receivable: 20.1%
· Merchandise inventory: 37.2%
· Equipment: 34.3%
· Total assets: 100%
· Accounts payable: 12.3%
· Wages payable: 15.1%
· Mortgage note payable: 32.2%
· Total liabilities: 44.4%
· Jake's capital: 55.6%
· Total liabilities and owner's equity: 100%
·
·
·
·

5. · Jake's Janitorial Service Balance Sheet
· Cash: 8.4%
· Accounts receivable: 20.1%
· Merchandise inventory: 37.2%
· Equipment: 34.3%
· Total assets: 100%
· Accounts payable: 5.4%
· Wages payable: 6.7%
· Mortgage note payable: 72.6%
· Total liabilities: 44.4%
· Jake's capital: 55.6%
· Total liabilities and owner's equity: 100%
·
·
·
·
· Jake's Janitorial Service Balance Sheet
· Cash: 8.4%
· Accounts receivable: 20.1%
· Merchandise inventory: 37.2%
· Equipment: 34.3%
· Total assets: 100%
· Accounts payable: 12.3%
· Wages payable: 15.1%
· Mortgage note payable: 72.6%
· Total liabilities: 100%
· Jake's capital: 55.6%
· Total liabilities and owner's equity: 100%
·
·
·
·
· Jake's Janitorial Service Balance Sheet
· Cash: 8.4%
· Accounts receivable: 20.1%
· Merchandise inventory: 37.2%

6. · Equipment: 34.3%
· Total assets: 100%
· Accounts payable: 5.4%
· Wages payable: 6.7%
· Mortgage note payable: 32.2%
· Total liabilities: 44.4%
· Jake's capital: 55.6%
· Total liabilities and owner's equity: 100%
·
·
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QUESTION 4
· Solve the problem. For the month ending June 30,
TriCounty Nursery has net sales of $251,000, cost of goods sold
of $99,000, and operating expenses of $70,000. Find the gross
profit and net income.
·
·
·
· gross profit: $152,000; net income: $82,000
·
·
· gross profit: $72,100; net income: $29,000
·
·
· gross profit: $82,000; net income: $152,000
·

7. ·
· gross profit: $152,000; net income: $29,000
QUESTION 5
· Solve the problem. For the month ending December
31, MidState Machinery had gross sales of $4,207,000, returns
of $68,800, cost of beginning inventory $502,000, cost of
purchases $1,484,000, cost of ending inventory $570,000, total
operating expenses $135,900. Find the net sales and cost of
goods sold.
·
·
·
· net sales: $4,207,000; cost of goods sold:
$1,416,000
·
·
· net sales: $4,138,200; cost of goods sold:
$1,416,000
·
·
· net sales: $4,138,200; cost of goods sold: $135,900
·
·
· net sales: $4,138,200; cost of goods sold: $2,716,300
QUESTION 6
· Solve the problem. Express answers as a percent
rounded to the nearest tenth. The Garden Shop had a cost of

8. goods sold of $108,000, operating expenses of $49,000, and net
sales of $272,000. Find the cost of goods sold percent of net
sales and operating expenses percent of net sales.
·
·
·
· cost of goods sold percent of net sales: 39.7%,
operating expenses percent of net sales: 21.7%
·
·
· cost of goods sold percent of net sales: 21.7%,
operating expenses percent of net sales: 39.7%
·
·
· cost of goods sold percent of net sales: 18.0%,
operating expenses percent of net sales: 39.7%
·
·
· cost of goods sold percent of net sales: 39.7%,
operating expenses percent of net sales: 18.0%
QUESTION 7
· Solve the problem. Express answers as a percent
rounded to the nearest tenth. Speedy Cleaning Service had a
cost of beginning inventory of $40,000, net sales of $222,000,
and gross sales of $401,000. Find the beginning inventory
percent of net sales and gross sales percent of net sales.
·
·
·
· beginning inventory percent of net sales: 180.6%,
gross sales percent of net sales: 18.0%
·
·

9. · beginning inventory percent of net sales: 18.0%,
gross sales percent of net sales: 180.6%
·
·
· beginning inventory percent of net sales: 65.3%,
gross sales percent of net sales: 18.0%
·
·
· beginning inventory percent of net sales: 18.0%,
gross sales percent of net sales: 65.3%
QUESTION 8
· Solve the problem. Round to the nearest tenth. Find
the percent increase (or decrease) in net sales from last year to
this year for the income statement.
·

10. ·
·
· 10.6% decrease
·
·
· 10.6% increase
·
·
· 10.3% increase
·
·
· 10.3% decrease
QUESTION 9
· Solve the problem. Round to the nearest tenth. Find
the percent increase (or decrease) in cost of goods sold from
last year to this year for the income statement.

11. ·
·
·
· 50.8% increase
·
·
· 7.4% decrease
·
·
· 50.8% decrease
·
·
· 7.4% increase

12. QUESTION 10
· Solve the problem. Prepare a balance sheet for
Jake's Janitorial Service for December 31 of last year. The
company assets are cash $16,000, accounts receivable $58,000,
merchandise inventory $50,000, and equipment $97,000. The
liabilities are accounts payable $23,000, wages payable
$22,000, and mortgage note payable $87,000. The owner's
capital is $89,000.
·
·
·
· Jake's Janitorial Service Balance Sheet
· Total assets: $221,000
· Total liabilities: $110,000
· Total liabilities and owner's equity: $89,000
·
·
·
·
· Jake's Janitorial Service Balance Sheet
· Total assets: $221,000
· Total liabilities: $132,000
· Total liabilities and owner's equity: $89,000
·
·
·
·
· Jake's Janitorial Service Balance Sheet
· Total assets: $221,000
· Total liabilities: $132,000

13. · Total liabilities and owner's equity: $221,000
·
·
·
·
· Jake's Janitorial Service Balance Sheet
· Total assets: $124,000
· Total liabilities: $132,000
· Total liabilities and owner's equity: $89,000
Lecture
Week Two
Lesson
Instructions: Wal-Mart, A Case Study in Supply Chain
Wal-Mart: A Case Study in Supply Chain
Logistics was a focus of Sam Walton of Wal-Mart, and today
Wal-Mart is a leader in the field of supply chain
management. The company, however, is not complacent with
this label and continues to strive toward excellence and to
expect the same from its vendors. The company continues to
institute new initiatives.
Wal-mart looks for ways to improve its supply chain processes,

14. never accepting the status quo. It has viewed logistics as a way
to differentiate itself form its competition and to improve
service to its stores. Developing close relationships with its
suppliers has been a cornerstone of its approach toward its
supply chain, redefining the supply chain concept along the
way. Core portions of its focus have been:
1. investment in and use of technology.
2. mechanization and automation
3. automatic replenishment of store inventories triggered at
point of sale
4. co-managed inventories with suppliers: data accumulated at
point of sale (basically the registers) may trigger production by
suppliers and replenishment of product.
Efficiency and productivity improvements in the supply chain
have been passed along to consumers though lower prices and
better service (merchandise availability).
Wal-Mart has challenged its vendors to improve. For example
they have pushed their suppliers of warehouse automation
equipment to modify and improve their equipment to become
state-of-the-art.
The efficient layout of Wal-Mart distribution centers has been
another thrust of the company. Rather than outsourcing its
trucking, Wal-Mart has maintained its own fleet of vehicles and
drivers with 100% focus on the company. Their trucking
associates coordinate closely with the distribution
associates. Trucks have on-board computers, and there is a
focus on matching deliveries to stores with pick up of
merchandise from suppliers on return trips. There is a
comprehensive backhaul operation to improve efficiency.
Wal-Mart has made environmentally friendly practices a
priority. Efforts to reduce the amount of packing, fuel

15. conservation and reduction of its carbon footprint in trucking
practices, energy efficient stores and distribution centers are
just a few of its initiatives. On its website
http://walmartstores.com/sustainability/, Wal-mart states that its
environmental goals are:
“To be supplied 100 percent by renewable energy”
“To create zero waste”
“To create products that sustain people and the
environment.”
References
Emmett, Stuart (2005). Excellence in Warehouse
Management. New
Jersey: John Wiley & Son, Ltd.
Assignment Instructions
Instructions for the Supply Chain Innovations by Wal-Mart
Supply Chain Innovations by Wal-Mart.
Wal-Mart is well know to be a leader in Supply Chain
Management. This week's writing assignment is related to Wal-
Mart. Search the internet, the APUS library, books, periodicals,
articles. In a minimum of at least 300 words describe
innovations Wal-Mart has brought to Supply Chain
Management. Lecture 2 in the TLMT352 Folder in Course
Materials is meant only to give you some things to think about.
Please do not rehash the points made in Lecture 2. Bring
completely new things to the table. Please cite from where you
have gotten your material. You may want to concentrate on
technology innovations Wal-Mart has instituted.
ALL PAPERS
All papers should meet the following criteria:

16. · Follow APA formatting and style guidelines (6th edition)
· Follow all instructions for each assignment
· 12 inch standard font such as Arial, Times New Roman or
Calibri
· 1 inch margins
· Double-spaced
· Submitted on time
· Represent your best work