Current Attempt in Progress Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions). Target Wal-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) Income tax expense 1,300 6,500 Net income $ 2,170 $ 14,910 Balance Sheet Data (End of Year) 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 96,000 Other Data Average net accounts receivable $8,000 $3,800 6,800 33,200 Average inventory Net cash provided by operating activities Capital expenditures 5.900 27.400 1,700 11,600 Dividends 510 4,200 (a) For each company.compute the following ratios. (Round all answers to 2 decimal places, eg. 1.83 or 1.83%) Ratio Target Wal-Mart (1) :1 Current ratio 1 (2) Accounts receivable turnover times times (3) days days Average collection period (4) times times Inventory turnover ude ways (4) Inventory turnover times times (5) Days in Inventory days days (6) Profit margin %6 96 (7) Asset turnover times times times (8) Return on assets %6 % (9) % % Return on common stockholders' equity % % (10) Debt to assets ratio times times (11) Times interest earned (12) Free cash flow