Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.)

InstructionsFor each company, compute these values and ratios.(a) Working capital.(b) Current ratio.(c) Debt to total assets ratio.(d) Free cash flow.(e) Earnings per share.(f) Compare the liquidity and solvency of the twocompanies.

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Wal-Mart Target (1/31/09) (1/31/09) Income Statement Data for Year Net sales $64,948 44,157 16,389 894 $401,244 Cost of goods sold Selling and administrative expenses Interest expense Other income 306,158 76,651 2,103 4,213 28 1,322 7,145 Income taxes $ 2,214 $ 13,400 Net income Wal-Mart Target Balance Sheet Data (End of Year) $ 48,949 $17,488 Current assets Noncurrent assets 26,618 114,480 $44,106 Total assets $163,429 $ 55,390 Current liabilities $10,512 19,882 13,712 Long-term debt Total stockholders' equity 42,754 65,285 Total liabilities and stockholders' equity $44,106 $163,429 Cash from operating activities Cash paid for capital expenditures Dividends declared and paid on common stock $4,430 $23,147 3,547 11,499 3,746 465 Average shares outstanding (millions) 774 3,951