For 2010, Wal-Mart and Target had the following information (all values are in millions of dollars): a.

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For 2010, Wal-Mart and Target had the following information (all values are in millions of dollars):

a. What is each company€™s accounts receivable days?
b. What is each company€™s inventory turnover?
c. Which company is managing its accounts receivable and inventory moreefficiently?

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Question Posted: Jan 14, 2012 02:04 AM

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For 2010, Wal-Mart and Target had the following information (all values are in millions of dollars): a.

Question:

Sales (Income Cost of Goods Sold Accounts receivableInventory Wal-Mart Target Sttement Income Statement 408,214 65,357 304,657 45,583 (Balance Sheet) 4,144 6,966 (Balance Sheet) 30,254 7.179

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Plan The table presents raw data about Sales Accounts Receivable and Inventory data for Wal...View the full answer

Fundamentals of Corporate Finance

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