Question
A) Calculate each company's receivables turnover for 20X3. B) Which company collects its receivables most quickly? C) Print the Excel formulas (CNTRL-). Target (millions
A) Calculate each company's receivables turnover for 20X3. B) Which company collects its receivables most quickly? C) Print the Excel formulas (CNTRL-). Target (millions $) Sears (millions $) Walmart (millions $) Net Sales Cost of Sales Inventory 33,160 Year Year Ending Ending 1/31/X3 1/31/X2 408,214 404,374 304,657 304,056 34,511 Year Year Year Ending Ending Ending Ending 1/31/X3 1/31/X2 1/31/X3 1/31/X2 Year Accounts Receivable (Net) 4,144 Total Assets 170,706 65,357 64,948 44,043 46,770 45,583 45,766 7,179 3,905 6,966 163,429 44,533 31,824 34,118 6,705 8,705 8,795 8,084 652 839 44,106 24,808 25,342
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