Question: Assume selected financial data for Walmart and Target, two close competitors in the retail industry, are as follows: Required: 1-a. Calculate the receivables turnover ratio

Assume selected financial data for Walmart and Target, two close competitors

Assume selected financial data for Walmart and Target, two close competitors in the retail industry, are as follows: Required: 1-a. Calculate the receivables turnover ratio and average collection period for Walmart and Target. 1-b. Which company maintains a higher receivables turnover? Walmart Target

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to promote and effect the cohesion of the organization: the corporate glue.

to facilitate a cultural and functional interchange in order to encourage managers to take a fresh look at problems and issues;

to gain top management involvement by ensuring that managers know the global resources of the organization;