HW Problem 8.4 - Given the following information, A) calculate each company's asset turnover for 2010, B) which company used its assets most efficiently? Walmart (millions $) Target (millions $) Sears (millions $) Year Year Year Year Year Year Ending Ending Ending Ending Ending Ending 1/31/10 1/31/09 1/31/10 1/31/09 1/31/10 1/31/09 408,214 404,374 65,357 64,948 44,043 46,770 304,657 304,056 45,583 45,766 31,824 34,118 33,160 34,511 7,179 6,705 8,705 8,795 4,144 3,905 6,966 8,084 652 839 170,706 163,429 44,533 44,106 24,808 25,342 Net Sales Cost of Sales Inventory Accounts Receivable (Net) Total Assets