ESOURCES Problem 13-05A Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in Millions). SA 24 5 Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year $66,300 $411,000 44,000 305,000 14,300 77,000 660 1,900 (80) (420) 1,500 7,200 $ 5,760 $ 19,480 Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income 3-02 3-04 3-05 3-06 - Study 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) $17,000 $48,000 26,800 122,000 $43,800 $170,000 $11,000 $55,000 17,700 45,000 15,100 70,000 $43,800 $170,000 Total assets Total stockholders' equity Current liabilities Total liabilities Beginning-of-Year Balances $43,000 $164,000 12,700 66,000 10,500 55,000 30,300 98,000 Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends Other Data $7,400 $3,900 7,000 33,200 5,500 26,200 1,800 11,900 3,900 470 For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, e.g. 15.50, debt to assets ratio and free mnd current ratio answers to 2 decimar places, e.g. 15.50, debt to assets ratio Study Ratio Target Wal-Mart (1) Current ratio :1 :1 (2) Accounts receivable turnover times times (3) Average collection period days days Inventory turnover times times (5) Days in inventory days days (6) Profit margin % % (7) Asset turnover times times (8) Return on assets % % (9) Return on common stockholders' equity % (10) Debt to assets ratio % 96 (11) Times interest earned times times (12) Free cash flow $ Click if you would like to Show Work for this question: Open Show Work LINK 10 TEXT