31. For 2012, Walmart and Target had the following information (all values are in millions of dollars):

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31. For 2012, Walmart 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 more efficiently?

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Fundamentals Of Corporate Finance

ISBN: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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