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education.wiley.com | iCampus (4,539 unread) - shakeith17@yahoo.c... Week 10 - Assignment: Horizontal and. W Question 3 of 3 - We 0 - Assignment: Horizontal and

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education.wiley.com | iCampus (4,539 unread) - shakeith17@yahoo.c... Week 10 - Assignment: Horizontal and. W Question 3 of 3 - We 0 - Assignment: Horizontal and Vertical Analysis Question 3 of 3 Selected hypothetical financial data of Target and Walmart for 2025 are presented here (in millions). Target Walmart Corporation Inc. Income Statement Data for Year Net sales $66,800 $406,000 Cost of goods sold 45.000 305,000 Selling and administrative expenses 14,400 78,000 Interest expense 690 2,000 Other income (expense) (75) (420) Income tax expense 1,300 6,900 Net income $5,335 $13,680 Balance Sheet Data (End of Year Current assets $19,000 $48,000 F8 O- 20 F7 F3 F4 F5 F6 $ & 5 6 7 8 2 3 4 W E R T Y U(4,539 unread) - shakeith17@yahoo.c... 1 Week 10 - Assignment: Horizontal and... W Questi ent: Horizontal and Vertical Analysis Question 3 of 3 Balance Sheet Data (End of Year) Current assets $19,000 $48,000 Noncurrent assets 27,300 121,000 Total assets $46,300 $169,000 Current liabilities $12,000 $55,000 Long-term debt 17,500 14,000 Total stockholders equity 16,800 70,000 Total liabilities and stockholders equity $46,300 $169,000 Beginning-of-Year Balances Total assets $45,000 $164,000 Total stockholders equity 13,800 66.000 Current liabilities 10,800 57,000 Total liabilities 31.200 98,000 20 F6 F7 F3 F4 F5 F8^ education.wiley.com (4,539 unread) - shakeith17@yahoo.c... Week 10 - Assignment: Horizontal and.. W Q gnment: Horizontal and Vertical Analysis Question 3 of 3 Current liabilities 10,800 57,000 Total liabilities 31,200 98,000 Other Data Average net accounts receivable $8,000 $4,100 Average inventory 7,100 34,000 Net cash provided by operating activities 6,000 25,800 Capital expenditures 1,800 1.500 Cash dividends paid 450 3,700 (a) For each company, compute the following ratios. Assume all sales were on credit. (Round current places, e.g. 15.50. Round debt to assets ratio to ( decimal places. e.g. 15%. Enter free cash fl all other answers to 1 decimal place. e.g. 1.8 or 1.83% Use 365 days for calculations.) Ratio Target 1. Current ratio" education.wiley.com C (4,539 unread) - shakeith17@yahoo.c... Week 10 - Assignment: Horizontal and.. W Question 3 of 3 - Week 10 - Assignme... C Suppose ment: Horizontal and Vertical Analysis Question 3 of 3 Week 10 - Assignment: Horizontal and.. W Question a of 3 - Week 10 - Assignme. Suppo ment: Horizontal and Vertical Analysis Question 3 of 3

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