Question: Problem 13-5A Your answer is partially correct. Try again. Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (In millions). Wal-Mart
Problem 13-5A Your answer is partially correct. Try again. Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (In millions). Wal-Mart Target Corporation Stores, Inc. Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Income Statement Data for Year $411,000 302,000 81,000 2,100 $66,100 44,000 15,400 660 (70) (420) 1,400 4,570 7,300 $18,180 Balance Sheet Data (End of Year) Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity $49,000 120,000 $169,000 $54,000 45,000 70,000 $43,800$169,000 $17,000 26,800 $43,800 $12,000 17,600 14.200 Beginning-of-Year Balances Total assets Total stockholders equity Current liabilities Total liabilities $43,000 14,400 10,600 28,600 $162,000 66,000 57,000 96,000 Other Data Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends $7,900 7,200 5,800 1,700 460 $4.200 33,700 26,200 12,400 3,600 Torget (1) (2) (3) (4) (5) (6) Current ratio 1 : 97.86 times 3.73 days 8.96 times 40.74 days 42:1 Accounts receivable turmover Average collection period Inventory turnover Days in inventory Profit margin 8.37 times 43.61 days 6.11 times 59.74 days 7) Asset turnover times times (8) Return on assets (9) Return on common stockholders equity (10) Debt to assets ratio (11) Times interest eaned times times (12) Free cash flow
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