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Can you explain how to get these answers? Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Current Attempt
Can you explain how to get these answers?
Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions).
Current Attempt in Progress Selected hypothetical nancial data of Target and Wal-Mart for 2022 are presented here (in millions). Target WaI-Mart Corporation Stores, Inc. Income Statement Data for Year Net sales $65,000 $406,000 Cost of goods sold 46,000 306,000 Selling and administrative expenses 14,800 76,000 Interest expense 660 2,200 Other income (expense) [70 } (390 i Income tax expense 1,300 6,500 Net income $ 2,170 $ 14,910 Balance Sheet Data (End of Year) Current assets $19,000 $49,000 Noncurrent assets 26,100 123,000 Total assets $45,100 $172,000 Current liabilities $12,000 $55,000 Long-term debt 17,400 43,000 Total stockholders' equity 15,700 74,000 Total liabilities and stockholders' equity $45,100 $172,000 Beginning-of-Year Balances Total assets $45,000 $162,000 Total stockholders' equity 12,900 66,000 Current liabilities 10,300 57,000 Total liabilities 32,100 96,000Total liabilities 32,100 96,000 Other Data Average net accounts receivable $8,000 $3,800 Average inventory 6,800 33,200 Net cash provided by operating activities 5,900 27,400 Capital expenditures 1,700 11,600 Dividends 510 4,200 ' www.facebookcom i: For each company, compute the following ratios. [Round current ratio answers to 2 decimal places, 8.3. 15.50, debt to assets ratio and free cash ow answers to 0 decimal places. as. 5,275 and all answers to 1 decimal place, as. 1.3 or 1.83%.) (1) (2] (3) (4) (5) (6) (7) (8) (9) (10) Ratio Current ratio Accounts receivable turnover Average collection period Inventory turnover Days in inventory Prot margin Asset turnover Return on assets Return on common stockholders' equity Debt to assets ratio Target Wal-Mart times days times days % times % % % times days times ll www.facebookcom is sharing) timesStep by Step Solution
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