For 2021, Walmart and Target had the following information (all values are in millions of dollars): a.

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For 2021, Walmart and Target had the following information (all values are in millions of dollars):

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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?

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Fundamentals Of Corporate Finance

ISBN: 9780137852581

6th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Apr 04, 2024 01:00 AM

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For 2021, Walmart and Target had the following information (all values are in millions of dollars): a.

Question:

Walmart Target Sales (Income Statement) 572,754 106,005 Cost of Goods Sold Accounts Receivable (Income Statement) 429,000 74,963 (Balance Sheet) Inventory (Balance Sheet) 8,280 56,511 835 13,902

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Fundamentals Of Corporate Finance

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