Selected financial data of Target and Wal-Mart for 2006 are presented here (in millions). Instructions (a) For

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Selected financial data of Target and Wal-Mart for 2006 are presented here (in millions).


Selected financial data of Target and Wal-Mart for 2006 are


Instructions
(a) For each company, compute the following ratios.
(1) Current.
(2) Receivables turnover.
(3) Average collection period.
(4) Inventory turnover.
(5) Days in inventory.
(6) Profit margin.
(7) Asset turnover.
(8) Return on assets.
(9) Return on common stockholders' equity.
(10) Debt to total assets.
(11) Times interest earned.
(12) Current cash debt coverage.
(13) Cash debt coverage.
(14) Free cash flow.
(b) Compare the liquidity, solvency, and profitability of the twocompanies.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-0470239803

5th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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