Question: Please help me with this Question 4 Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions). Target Corporation Wal-Mart

Please help me with this  Please help me with this Question 4 Suppose selected financial data
of Target and Wal-Mart for 2017 are presented here (in millions). Target
Corporation Wal-Mart Stores Inc. Income Statement Data for Year $65,500 46,000 15,100

Question 4 Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions). Target Corporation Wal-Mart Stores Inc. Income Statement Data for Year $65,500 46,000 15,100 720 $406,000 305,000 77,000 2,000 Cost of goods sold Selling and administrative expenses Interest expense Other income (expense Income tax expense Net income (70 ) (410) 1,500 $2,110 7,500 $ 14,090 Balance Sheet Data (End of Year) Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity $16,000 26,400 $42,400 $12,000 18,400 12,000 $42,400 $46,000 121,000 $167,000 $54,000 45,000 68,000 $167,000 s' equity $163,000 Total st Current liabilities Total liabilities $43,000 14.100 10,800 28,900 57,000 97,000 Study Other Data 6,800$4,100 26,300 1.700 3,700 Average inventory 34,000 5,900 Capital expenditures 11,500 520 (a) For each company, compute the following ratios. (Round current ratio to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place e-g. 1.8 a Ratio Target Wal-Mart (1) Current ratio (2) (3) (4) Inventory turnover Accounts receivable turnover times days times days times days times days Average collection period (5) Days in inventory Profit margin Asset turnover (6) times (7) (8) Return on assets (9) Return on common stockholders' equity (10) Debt to assets ratio (11) Times interest earned (12) Free cash flow times All Rights Reserved. A Division of Type here to search

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!