Question: Need help with this any body up for the challenge? Selected financial data of Target and Wal-Mart for a recent year are presented here (in

Need help with this any body up for the challenge?Need help with this any body up for the challenge? Selected financial

Selected financial data of Target and Wal-Mart for a recent year are presented here (in millions). Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year Net sales $61,471 $374,526 Cost of goods sold 41,895 286,515 Selling and administrative expenses 16,200 70,847 Interest expense 647 1,798 Other income (expense) 1,896 4,273 Income tax expense 1,776 6,908 $ 2,849 $ 12,731 Net income Balance Sheet Data (End of Year) Current assets $18,906 $ 47,585 25,654 115,929 Total assets $44,560 $163,514 Current liabilities $11,782 $ 58,454 Long-term debt 17,471 40,452 Total stockholders' equity 15,307 64,608 $44,560 $163,514 Noncurrent assets Total liabilities and stockholders' equity Beginning-of-Year Balances Total assets $37,349 $151,587 Total stockholders' equity 15,633 61,573 Current liabilities 11,117 52,148 Total liabilities 21,716 90,014 Other Data Average net accounts receivable $ 7,124 $ 3,247 Average inventory 6,517 34,433 Net cash provided by operating activities 4,125 20,354 (a) For each company, compute the following ratios. (Round all answers to 1 decimal place, e.g.1.6, or 1.6% .) Ratio (1) Current (2) Accounts receivable turnover Target :1 Wal-Mart :1 (3) Average collection period (4) Inventory turnover (5) Days in inventory (6) Profit margin % % (8) Return on assets % % (9) Return on common stockholders' equity % % (10 Debt to total assets ) % % (7) Asset turnover (11) Times interest earned

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