Question: Selected financial data for a recent year for two discount retail chains, Walmart Stores, Inc. and Target Corporation, are presented here (in USD millions, except

Selected financial data for a recent year for two discount retail chains, Walmart Stores, Inc. and Target Corporation, are presented here (in USD millions, except for share price):

Instructions
(a) For each company, calculate the following values and ratios. Where available, industry averages have been included in parentheses.
1. Working capital (n/a)
2. Current ratio (1.1:1)
3. Debt to total assets (36.3%)
4. Earnings per share (n/a)
5. Price-earnings ratio (14.3 times)
(b) Compare the liquidity, solvency, and profitability of the two companies and their industry.

Current assets Total assets Current liabilities Total liabilities Profit available to common shareholders Share price Weighted average number of common shares Walmart Target $48,331$18,424 44,533 11,327 29,186 2,488 48.26 752 170,706 55,561 97,777 14,335 53.43 3,866

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a in USD millions Walmart Target 1 Working capital 48331 55561 18424 11327 7230 7097 2 Current ratio ... View full answer

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