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 $66,800 $413,000 46,000 308,000 14.400 77,000 680 1,800 (90) (380) 1,400 6.900 $4,230 $ 18,920 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 27,500 121.000 $45,500 $168,000 $11,000 $54,000 16,800 45,000 17,700 69,000 $45,500 $168.000 Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity $18,000 27,500 $45,500 $11,000 16,800 17,700 $45,500 $47.000 121,000 $168,000 $54,000 45,000 69,000 $168,000 Total assets Total stockholders' equity Current liabilities Total liabilities Beginning-of-Year Balances $43,000 $162,000 13,500 64,000 10,500 54,000 29,500 98,000 Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends Other Data $7,700 $3,800 6,800 34,200 5,600 25,600 1,800 12,100 450 4,300 For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, e.g. ratio and free cash flow answers to O decimal places. e.g. 5.275 and all answers to 1 decimal place, For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, c.9. 15.50, debt to assets ratio and free cash flow answers to 0 decimal places, eg. 5,275 and all answers to 1 decimal place, c.8. 1.8 or 1.83%) Ratio Target Wal-Mart (1) Current ratio :1 1 (2) times times (3) days days (4) Accounts receivable turnover Average collection period Inventory turnover Days in inventory Profit margin times times (5) days days (6) % (7) Asset turnover times times (8) % % (9) % % (10) Return on assets Return on common stockholders equity Debt to assets ratio Times interest earned Free cash flow % % (11) times times (12) $ $ Save for Later Attempts: 0 of 1 used Submit