View Policies Current Attempt in Progress Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year $66,800 $413,000 46,000 308,000 14,400 77,000 680 1,800 190) ( (380) 1,400 6,900 $ 4,230 $ 18,920 Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Balance Sheet Data (End of Year) $18,000 $47,000 27.500 121,000 $45,500 $168,000 $11,000 $54,000 16,800 45,000 17,700 69,000 $45,500 $168,000 Total assets Total stockholders' equity Current liabilities Total liabilities Beginning of Year Balances $43,000 $162,000 13,500 64,000 10,500 54,000 29.500 98,000 Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends Other Data $7,700 $3,800 6,800 34,200 5,600 25,600 1.800 12.100 450 4,300 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 decimal places.eg 5,275 and all answers to 1 decimal place, eg 18 or 1.83%) Ratio Target Wal-Mart Current ratio :1 (2) Accounts receivable turnover times times (3) Average collection period days days Inventory turnover times times (5) Days in inventory days days (6) Profit margin %6 % Asset turnover times times (8) Return on assets %6 % (9) Return on common stockholders equity % (10) Debt to assets ratio % (11) Times interest earned times times (12) Free cash flow $ $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit