Selected financial data of two competitors, Target and Walmart, are presented here. (All dollars are in millions.)
Question:
Selected financial data of two competitors, Target and Walmart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2025 financial statements of each company.
Target (1/31/25) | Walmart (1/31/25) | |||
Income Statement Data for Year | ||||
Net sales | $71,000 | $426,000 | ||
Cost of goods sold | 42,600 | 319,500 | ||
Selling and administrative expenses | 17,750 | 72,420 | ||
Interest expense | 710 | 4,260 | ||
Other income | 20 | 4,300 | ||
Income taxes | 3,486 | 11,942 | ||
Net income | $ 6,474 | $ 22,178 |
Target (1/31/25) | Walmart (1/31/25) | |||
Balance Sheet Data (End of Year) | ||||
Current assets | $15,960 | $ 41,250 | ||
Noncurrent assets | 33,000 | 122,000 | ||
Total assets | $48,960 | $163,250 | ||
Current liabilities | $10,500 | $ 55,000 | ||
Long-term liabilities | 26,220 | 52,745 | ||
Total stockholders' equity | 12,240 | 55,505 | ||
Total liabilities and stockholders' equity | $48,960 | $163,250 | ||
Weighted-average common shares outstanding (millions) | 830 | 2,600 |
For each company, compute these values and ratios. (Round Current ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. If answer is negative enter it with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000). Enter amounts in millions.)
what are the working capital, current radio, debt to assets radio, earings per share for walmart and target?
wich company has better liquidity? Wich company has better solvency?
Financial Accounting Tools For Business Decision Making
ISBN: 9781119791089
10th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell