Current Attempt in Progress Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year $65.600 $418,000 45,000 310,000 14,300 75,000 720 2.200 (90) (380) 1,400 6.900 $ 4,090 $ 23,520 Balance Sheet Data 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) $18,000 $47.000 26.100 121,000 $44,100 $168,000 $10,000 $55,000 18,300 43.000 15,800 70.000 $44,100 $168,000 Total assets Total stockholders' equity Current liabilities Total liabilities Beginning-of-Year Balances $44,000 $165,000 13.200 66.000 10,800 54,000 30.800 99.000 Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends Other Data $7.900 $4,100 7.100 34,100 5,700 25,900 1.600 11,500 520 4.200 For each company.compute the following ratios. (Round current ratio answers to 2 decimal places, eg, 15.50, debt to assets ratio and free cash flow answers to decimal places, c.8. 5,275 and all answers to 1 decimal place, es, 1.8 or 1.83%) Ratio Target Wal-Mart :1 1 Current ratio times times (2) Accounts receivable turnover days days (3) Average collection period 13: Homework Question 1 of 2 -/2.5 E Ratio Target Wal-Mart (1) Current ratio 1 :1 (2) times times (3) days days Accounts receivable turnover Average collection period Inventory turnover Days in inventory times times (4) 5) days days (6) Profit margin % % (7) Asset turnover times times (8) Return on assets %6 (9) * 22 Return on common stockholders equity Debt to assets ratio (10) % (5) days days (6) 96 96 (7) times times (8) % se Days in inventory Profit margin Asset turnover Return on assets Return on common stockholders' equity Debt to assets ratio Times interest earned Free cash flow (9) % (10) % (11) times times (12)