Selected financial data for a recent year for two discount retail chains, Walmart Stores, Inc. and Target Corporation, are presented here (in U.S. $ millions, except for share price):

Instructions
(a) For each company, calculate the following values and ratios. Where available, industry averages have been included in parentheses.
1. Working capital (n/a)
2. Current ratio (1.8:1)
3. Debt to total assets (16.9%)
4. Earnings per share (n/a)
5. Price-earnings ratio (18.6 times)
(b) Compare the liquidity, solvency, and profitability of the two companies and their industry.

Transcribed Image Text:

Current assets Total assets Current liabilities Total liabilities Profit available to common shareholders Share price Weighted average number of common shares Walmart S59,940 203,105 71,818 121,367 16,999 69.95 3,374 Target $16,388 48,163 14,031 31,605 2,999 61.15 657