Question: Question 3 15 View Policies Current Attempt in Progress Walmart Stores Inc. and Target Corp. reported the following information in 2015 lexcluding Target's discontinued operations):
Question 3 15 View Policies Current Attempt in Progress Walmart Stores Inc. and Target Corp. reported the following information in 2015 lexcluding Target's discontinued operations): Walmart Target (in U.S. $ millions) (in U.S. $ millions) Total assets, 2015 $204,751 $78,315 Total assets, 2014 203,490 79,651 72618 Revenue, 2015 485,651 Net income, 2015 16,363 2449 Industry averages were as follows: profit margin, 2.7%; asset turnover, 3.7 times and return on assets, 10.0% Walmart Target (1) Profit margin 34% 34% (2) Asset turnover 24 times 0.9 times (3) Return on assets 8.0% 3.1 % Comment on how effectively each company is using its assets to generate sales and earn net income T T I E E owordis) eTextbook and Media What additional information about long-lived assets would assist you in your comparison of these two companies? T I T oWordis)
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