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7 of 8 (6 complete) This Test: 10 pts possible This Question: 2 pts For 2015, Wal-Mart and Target had the following information (all values
7 of 8 (6 complete) This Test: 10 pts possible This Question: 2 pts For 2015, Wal-Mart and Target had the following information (all values are in millions of dollars): Oost of Goods Sold (Income Statement) 361,905 51,783 Accounts Receivable (Balanco Sheet) 5,724 830 Inventory (Balance Sheet) 45,460 8,693 Salos Income Statement) 481,316 Wal-Mart Target 73,117 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? a. What is each company's accounts receivable days? The accounts receivable days for Wa:-Mart aredays. (Round to two decimal places) The accounts receivable days for Target are days. (Round to two decimal places.) b. What is each company's inventory turnover? Inventory tumover for Wal-Mart istimes. (Round to two decimal places.) Inventory turnover forTarget istimes. (Round to two decamal places.) c. Which company is managing its accounts receivable and inventory more efficiently? (Select the best answers from the drop-down menus.) is the company managing its accounts receivable more efficiently and I is the company managing its inventory more efficiently. Enter your answer in each of the answer boxes. MacBook Ain
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