Compare the Target (TGT) results in MBA 4-5 with those of Walmart (WMT) shown in the chapter illustration on pages 169–170. Comment on the differences.

Data from MBA 4-5

Target Corp. (TGT) operates retail stores throughout the United States and is a major competitor of Walmart (WMT). The following data (in millions) were adapted from recent financial statements of Target.

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Year 2 Year 1 Sales $69,495 (49,145) $71,879 Cost of goods sold Gross profit (51,125) $20,754 $20,350