CP13-3 (Static) Comparing Companies within an Industry L013-2, 13-4, 13-5, 13-6, 13-7, 13-8 Refer to the financial statements of Target (Appendix B) and Walmart (Appendix C) and the Industry Ratio Report (Appendix D). Required: 1. Compute the total asset turnover ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. 2. Compare the total asset turnover ratios for Target and Walmart to the average total asset turnover ratio for the retail industry. Are Target and Walmart more or less effective at using their assets to generate revenue compared to the industry average? 3. Compute the cash coverage ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. 4. Which company generated a greater amount of cash from operating activities relative to interest paid during the most recent fiscal year? 5. Compute the price/earnings ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. (Note: Target and Walmart's stock price at the end of the most recent fiscal year was $181.17 and $139.27, respectively.) 6. According to their price/earnings ratio, which company does the market expect will increase their earnings more rapidly in the future? Complete this question by entering your answers in the tabs below. Compute the total asset turnover ratio for both companies for the most recent fiscal year. Note: Round your answers to 2 decimal places. CP13-3 (Static) Comparing Companies within an Industry L013-2, 13-4, 13-5, 13-6, 13-7, 13-8 Refer to the financial statements of Target (Appendix B) and Walmart (Appendix C) and the Industry Ratio Report (Appendix D). Required: 1. Compute the total asset turnover ratio for both companies for the most recent fiscal year. Round your answer to two decimal place 2. Compare the total asset turnover ratios for Target and Walmart to the average total asset turnover ratio for the retail industry. Are Target and Walmart more or less effective at using their assets to generate revenue compared to the industry average? 3. Compute the cash coverage ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. 4. Which company generated a greater amount of cash from operating activities relative to interest paid during the most recent fiscal year? 5. Compute the price/earnings ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. (Note: Target and Walmart's stock price at the end of the most recent fiscal year was $181.17 and $139.27, respectively.) 6. According to their price/earnings ratio, which company does the market expect will increase their earnings more rapidly in the future? Complete this question by entering your answers in the tabs below. Compare the total asset turnover ratios for Target and Walmart to the average total asset turnover ratio for the retail industry. Are Target and Walmart more or less effective at using their assets to generate revenue compared to the industry average? CP13-3 (Static) Comparing Companies within an Industry L013-2, 13-4, 13-5, 13-6, 13-7, 13-8 Refer to the financial statements of Target (Appendix B) and Walmart (Appendix C) and the Industry Ratio Report (Appendix D). Required: 1. Compute the total asset turnover ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. 2. Compare the total asset turnover ratios for Target and Walmart to the average total asset turnover ratio for the retail industry. Are Target and Walmart more or less effective at using their assets to generate revenue compared to the industry average? 3. Compute the cash coverage ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. 4. Which company generated a greater amount of cash from operating activities relative to interest paid during the most recent fiscal year? 5. Compute the price/earnings ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. (Note: Target and Walmart's stock price at the end of the most recent fiscal year was $181.17 and $139.27, respectively.) 6. According to their price/earnings ratio, which company does the market expect will increase their earnings more rapidly in the future? Complete this question by entering your answers in the tabs below. Compute the cash coverage ratio for both companies for the most recent fiscal year. Note: Round your answers to 2 decimal places. CP13-3 (Static) Comparing Companies within an Industry LO13-2, 13-4, 13-5, 13-6, 13-7, 13-8 Refer to the financial statements of Target (Appendix B) and Walmart (Appendix C) and the Industry Ratio Report (Appendix D). Required: 1. Compute the total asset turnover ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. 2. Compare the total asset turnover ratios for Target and Walmart to the average total asset turnover ratio for the retail industry. Are Target and Walmart more or less effective at using their assets to generate revenue compared to the industry average? 3. Compute the cash coverage ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. 4. Which company generated a greater amount of cash from operating activities relative to interest paid during the most recent fiscal year? 5. Compute the price/earnings ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. (Note: Target and Walmart's stock price at the end of the most recent fiscal year was $181.17 and $139.27, respectively.) 6. According to their price/earnings ratio, which company does the market expect will increase their earnings more rapidly in the future? Complete this question by entering your answers in the tabs below. Which company generated a greater amount of cash from operating activities relative to interest paid during the most recent fiscal year? CP13-3 (Static) Comparing Companies within an Industry L013-2, 13-4, 13-5, 13-6, 13-7, 13-8 Refer to the financial statements of Target (Appendix B) and Walmart (Appendix C) and the Industry Ratio Report (Appendix D). Required: 1. Compute the total asset turnover ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. 2. Compare the total asset turnover ratios for Target and Walmart to the average total asset turnover ratio for the retail industry. Are Target and Walmart more or less effective at using their assets to generate revenue compared to the industry average? 3. Compute the cash coverage ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. 4. Which company generated a greater amount of cash from operating activities relative to interest paid during the most recent fiscal year? 5. Compute the price/earnings ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. (Note: Target and Walmart's stock price at the end of the most recent fiscal year was $181.17 and $139.27, respectively.) 6. According to their price/earnings ratio, which company does the market expect will increase their earnings more rapidly in the future? Complete this question by entering your answers in the tabs below. Compute the price/earnings ratio for both companies for the most recent fiscal year. (Note: Target and Walmart's stock price at the end of the most recent fiscal year was $181.17 and $139.27, respectively.) Note: Round your answers to 2 decimal places. CP13-3 (Static) Comparing Companies within an Industry L013-2, 13-4, 13-5, 13-6, 13-7, 13-8 Refer to the financial statements of Target and Walmart (Appendix C) and the Industry Ratio Report (Appendix D). Required: 1. Compute the total asset turnover ratio for both companies for the most recent fiscal year. Round your answer to two decimal places 2. Compare the total asset turnover ratios for Target and Walmart to the average total asset turnover ratio for the retail industry. Are Target and Walmart more or less effective at using their assets to generate revenue compared to the industry average? 3. Compute the cash coverage ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. 4. Which company generated a greater amount of cash from operating activities relative to interest paid during the most recent fiscal year? 5. Compute the price/earnings ratio for both companies for the most recent fiscal year. Round your answer to two decimal places. (Note: Target and Walmart's stock price at the end of the most recent fiscal year was $181.17 and $139.27, respectively.) 6. According to their price/earnings ratio, which company does the market expect will increase their earnings more rapidly in the future? Complete this question by entering your answers in the tabs below. According to their price/earnings ratio, which company does the market expect will increase their earnings more rapidly in the future