View Policies Current Attempt in Progress Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions) Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year Net sales $65,600 $418,000 Cost of goods sold 45,000 310,000 Selling and administrative expenses 14.300 75,000 Interest expense 720 2.200 Other income (expense) (90) (380) Income tax expense 1,400 6,900 Net income $4,090 $23520 Balance Sheet Data (End of Year) Current assets $18,000 $47,000 Noncurrent assets 26,100 121,000 Total assets $44,100 $168.000 Current liabilities $10,000 $55,000 Long-term debt 18.300 43,000 Total stockholders' equity 15,800 70,000 Total liabilities and stockholders' equity $44,100 $168.000 Beginning-of-Year Balances Total assets $44,000 $165,000 Total stockholders' equity 13,200 66,000 Current abilities 10,800 $4,000 Total liabilities 30,800 99.000 Other Data Average net accounts receivable $7.900 $4.300 Average inventory 7.100 34.100 Net cash provided by operating activities 5.700 25.900 Capital expenditures 1.600 11.500 Dividends 520 4.200 For each company.compute the following ratios. (Round current ratio answers to 2 decimal places, ea 15.50, debat ratie and free cash flow answers to O decimal places, ea 5,275 and all answers to 1 decimal place, a 18 or 187) Total stockholders' equity 13.200 66,000 Current liabilities 10.800 54,000 Total liabilities 30,800 99,000 Other Data Average net accounts receivable $7,900 $4,100 Average inventory 7,100 34,100 Net cash provided by operating activities 5,700 25,900 Capital expenditures 1,600 11.500 Dividends 520 4,200 For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, eg. 15.50, debt to assets ratio and free cash flow answers to O decimal places, e.g. 5,275 and all answers to 1 decimal place, e.g. 1.8 or 1.83%) Wal-Mart :1 times days days times times days days % Ratio Target 1 (1) Current ratio (2) Accounts receivable turnover times (3) Average collection period (4) Inventory turnover (5) Days in inventory % (6) Profit margin (7) Asset turnover (8) Return on assets (9) Return on common stockholders' equity (10) Debt to assets ratio % (11) Times interest earned. times (12) Free cash flow eTextbook and Media Save for Later times times % % % % times Attempts: unlimited Submit