Selected financial data of Target and Wal-Mart for 2009 are presented here (in millions).

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 two companies.

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Wal-Mart Target Corporation Stores, Inc. Income Statement Data for Year Net sales $65,357 45,583 $408,214 304,657 79,607 Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense 15,101 707 2,065 (411) (94) 1,384 7,139 $ 14,335 $ 2,488 Net income Balance Sheet Data (End of Year) $ 48,331 $18,424 Current assets Noncurrent assets 26,109 122,375 Total assets $44,533 $170,706 Current liabilities Long-term debt Total stockholders' equity $ 55,561 $11,327 17,859 44,089 71,056 15,347 Total liabilities and stockholders' equity $170,706 $44,533 Beginning-of-Year Balances Total assets $44,106 $163,429 Total stockholders' equity 13,712 65,682 Current liabilities 10,512 30,394 55,390 Total liabilities 97,747 Other Data $ 4,025 33,836 Average net receivables Average inventory Net cash provided by operating activities Capital expenditures Dividends $7,525 6,942 5,881 26,249 1,729 12,184 4,217 496