For 2015, Walmart and Target had the following information (all values are in millions of dollars)....
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For 2015, Walmart and Target had the following information (all values are in millions of dollars). Sales (Income Statement) (Income Statement) Cost of Goods Sold Accounts Receivable (Balance Sheet) Walmart Target 482,645 73,513 360,156 52,005 5,663 830 a. What is each company's accounts receivable days? b. What is each company's inventory turnover? c. Which company is managing its accounts receivable and inventory more efficiently? Inventory (Balance Sheet) 44,680 8,565 For 2015, Walmart and Target had the following information (all values are in millions of dollars). Sales (Income Statement) (Income Statement) Cost of Goods Sold Accounts Receivable (Balance Sheet) Walmart Target 482,645 73,513 360,156 52,005 5,663 830 a. What is each company's accounts receivable days? b. What is each company's inventory turnover? c. Which company is managing its accounts receivable and inventory more efficiently? Inventory (Balance Sheet) 44,680 8,565
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
Posted Date:
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