Question: Thank you for your help. Please double check your answer. I will downvote incorrect answers Problem 13-5A millions). Suppose selected financial data of Target and

Thank you for your help. Please double check your answer. I will downvote incorrect answers

Thank you for your help. Please double check your answer. I willdownvote incorrect answers Problem 13-5A millions). Suppose selected financial data of Targetand Wal-Mart for 2017 are presented here Wal-Mart Stores, Corporation Inc. IncomeSt t Data for Net sales $66,400 $407,000 Cost of goods sold46,000 306,000 Selling and administrative expenses 15,500 79,000 1,80 670 Interest expense

Problem 13-5A millions). Suppose selected financial data of Target and Wal-Mart for 2017 are presented here Wal-Mart Stores, Corporation Inc. Income St t Data for Net sales $66,400 $407,000 Cost of goods sold 46,000 306,000 Selling and administrative expenses 15,500 79,000 1,80 670 Interest expense Other income (expense) (85 ) 06) 7,500 Income tax expense 1. 2,845 12,310 Net income Bal CEnd of Xe ta Current assets S47.000 $19.000 123.000 Noncurrent assets 27.300 ... $170,000 $46,300 Total assets Current liabilities $11.000 $56,000 Long-term debt 18,100 45,000 Total stockholders' equity 17,200 69,000 abilities and stockholders $46.300 $170,000 equity Beginning-of-Year Balances Total assets $43.000 $164,000 Total stockholders' equity 14.300 66.000 Current liabilities 10,800 57,000 Total liabilities 28,700 98,000 Other Data Average net accounts recelvable Average inventory $7,900 $4,100 34,000 6.800 provided by operating 26,300 activities 5.600 Capital expenditures 1,800 11,500 Dividends 520 4.200 (a) For each company, compute the following ratios. (Round all answers to 2 decimal places, e.g. 1.83 or 1.83%.) Wal-Mart Target Ratio (1) Current ratio 1 1 Accounts receivable turnover (2) times times (3) Average collection period days days (4) Inventory turnover times times days (5) Days in inventory days (6) Profit margin (7) Asset turnover times times (8 Return on assets (9 Return on common stockholders' equity (10) Debt to assets ratio (11) Times interest earned times times (12) Free cash flow Target Wal-Mart Ratio (1) 83 1 Current ratio 1.73 1 (2) Accounts receivable turnover 99.26 times 8.40 times (3) days Average collection period 3.68 days 43 (4) Inventory turnover times 6.76 times (5) Days in inventory 40.56 days 54 days (6) Profit margin 4.28 % 3.02% (7) Asset turnover 1.49 times 2.43 times (8) Return on assets 6.37% 7.37% (9) Return on common stockholders' equity % 18.06 % 18.23 (10) Debt to assets ratio 62.85 % 59.41 (11) Times interest earned times times 7.31 12,22 (12) Free cash flow

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