Selected financial data of Target and Wal-Mart Stores, Inc. for

Selected financial data of Target and Wal-Mart Stores, Inc. for a recent year are presented here (in millions).

Selected financial data of Target and Wal-Mart Stores, Inc. for

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.
(b) Compare the liquidity, profitability, and solvency of the twocompanies.

Solvency
Solvency means the ability of a business to fulfill its non-current financial liabilities. Often you have heard that the company X went insolvent, this means that the company X is no longer able to settle its noncurrent financial...