Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.)

Instructions
For each company, compute these values and ratios.
(a) Working capital.
(b) Current ratio.
(c) Debt to total assets ratio.
(d) Free cash flow.
(e) Earnings per share.
(f) Compare the liquidity, solvency, and profitability of the twocompanies.

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Target (2/3/07) Wal-Mart (1/31/07) Income Statement Data for Year Net sales Cost of goods sold Selling and administrative expenses Interest expensc Other income (loss) ncome taxes Net income $59,490 39,399 14,315 572 (707) 1.710 2,787 $344,992 264,152 64,001 1,529 3,658 6,365 12,603 Target Wal-Mart Balance Sheet Data (End of Year) 46,588 104,605 Current assets Noncurrent assets Total assets Current liabilitics Long-term debt Total stockholders' equity Total liabilitics and stockholders' equity $14,706 22,643 $37,349 $151,193 $11,117 10,599 15,633 $37,349 51,754 37,866 61,573 $151,193 Cash from Cash paid for capital expenditures Dividends declared and paid on common stock $4,862 3,928 380 $20,209 15,666 2,802 opcrating activities Average shares outstanding (millions) 869 4,168