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Find the ratios for Walmart Corporation and Target Corporation for 2022 begin{tabular}{|c|c|c|c|c|c|c|c|} hline multirow{3}{*}{ Ratios } & multicolumn{6}{|c|}{ Ratio Analysis } & multirow{3}{*}{begin{tabular}{l} Analysis: describe
Find the ratios for Walmart Corporation and Target Corporation for 2022
\begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multirow{3}{*}{ Ratios } & \multicolumn{6}{|c|}{ Ratio Analysis } & \multirow{3}{*}{\begin{tabular}{l} Analysis: describe why this may be relevant to the audit and potentially what type \\ of procedures should you consider including \end{tabular}} \\ \hline & \multicolumn{3}{|c|}{ Target Company } & \multicolumn{3}{|c|}{ Industry data or Competitor } & \\ \hline & 2022 & 2021 & 2020 & 2022 & 2021 & 2020 & \\ \hline \\ \hline \multicolumn{8}{|l|}{ Quick Ratio } \\ \hline \multicolumn{8}{|l|}{ Operating Cash Flow Ratio } \\ \hline \multicolumn{8}{|l|}{ Receivable Turnover } \\ \hline \multicolumn{8}{|l|}{\begin{tabular}{l} Days Outstanding in \\ Accounts Receivable \end{tabular}} \\ \hline \multicolumn{8}{|l|}{ Inventory Turnover } \\ \hline \multicolumn{8}{|l|}{ Days of Inventory on Hand } \\ \hline \multicolumn{8}{|l|}{ Gross Profit Margin } \\ \hline \multicolumn{8}{|l|}{ Profit Margin } \\ \hline \multicolumn{8}{|l|}{ Return on Assets } \\ \hline \multicolumn{8}{|l|}{ Return on Equity } \\ \hline \multicolumn{8}{|l|}{ Debt to Equity } \\ \hline Time Interest Earned Ratio & & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multirow{3}{*}{ Ratios } & \multicolumn{6}{|c|}{ Ratio Analysis } & \multirow{3}{*}{\begin{tabular}{l} Analysis: describe why this may be relevant to the audit and potentially what type \\ of procedures should you consider including \end{tabular}} \\ \hline & \multicolumn{3}{|c|}{ Target Company } & \multicolumn{3}{|c|}{ Industry data or Competitor } & \\ \hline & 2022 & 2021 & 2020 & 2022 & 2021 & 2020 & \\ \hline \\ \hline \multicolumn{8}{|l|}{ Quick Ratio } \\ \hline \multicolumn{8}{|l|}{ Operating Cash Flow Ratio } \\ \hline \multicolumn{8}{|l|}{ Receivable Turnover } \\ \hline \multicolumn{8}{|l|}{\begin{tabular}{l} Days Outstanding in \\ Accounts Receivable \end{tabular}} \\ \hline \multicolumn{8}{|l|}{ Inventory Turnover } \\ \hline \multicolumn{8}{|l|}{ Days of Inventory on Hand } \\ \hline \multicolumn{8}{|l|}{ Gross Profit Margin } \\ \hline \multicolumn{8}{|l|}{ Profit Margin } \\ \hline \multicolumn{8}{|l|}{ Return on Assets } \\ \hline \multicolumn{8}{|l|}{ Return on Equity } \\ \hline \multicolumn{8}{|l|}{ Debt to Equity } \\ \hline Time Interest Earned Ratio & & & & & & & \\ \hline \end{tabular}Step by Step Solution
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