Selected financial data (in millions) of two intense competitors in a recent year are presented here:

\section*{Instructions}
For each company, compute these values and ratios:

(a) Working capital

(c) Debt to total assets ratio

(b) Current ratio

(d) Return on assets ratio

(e) Profit margin ratio

(f) Compare the liquidity, solvency, and profitability of the two companies

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Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (net) Income taxes Net income Kmart Wal-Mart Income Statement Data for Year $34,025 $82,494 25,992 65,586 7,701 12,858 494 706 572 918 114 1,581 296 $ 2,681 Current assets Property, plant, and equipment (nct) Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Total assets Total stockholders' equity Balance Sheet Data (End of Year) $15,338 17,481 $ 9,187 7,842 $17,029 $32,819 $ 5,626 $ 9,973 5,371 10,120 6,032 12,726 $17,029 $32,819 Beginning-of-Year Balances $17,504 $26,441 6,093 10,753