CES n) Problem 14-5A a Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year Net sales $65,357 $408,214 Cost of goods sold 45,583 304,657 Selling and administrative expenses 15,101 79,607 Interest expense 707 2,065 Other income (expense) (94) (411) Income tax expense 1,384 7,139 Net income $ 2,488 $ 14,335 dy Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Balance Sheet Data (End of Year) $18,424 $48,331 26,109 122,375 $44,533 $170,706 $11,327 $55,561 17,859 44,089 15,347 71,056 $44,533 $170,706 Total assets Total stockholders' equity Current liabilities Total liabilities Beginning-of-Year Balances $44,106 $163,429 13,712 65,682 10,512 55,390 30,394 97,747 Other Data Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends $7,525 6,942 5,881 1,729 496 $4,025 33,836 26,249 12,184 4,217 For each company, compute the following ratios. (Enter free cash flow in millions. Round Current ratio to 2 decimal places, s.9. 1.67. 18%. Round all other answers to 1 decimal place, e.g. 1.6, or 1.6%. Use 365 days for calculation) Ratio Target Wal-Mart Current ratio :1 11 (1) 1 (2) Accounts receivable turnover times times (3) Average collection period days days (4) Inventory turnover mes times (5) Days in Inventory days days Profit margin 16 (7) Asset turnover times times (8) Return on assets 9 (9) Return on common stockholders' equity (10) Debt to assets ratio times (11) Times interest earned million (12) Free cash flow