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For 2015, Walmart and Target had the following information (all values are in millions of dollars). Sales Cost of Goods Sold (Income Statement) (Income Statement)
For 2015, Walmart and Target had the following information (all values are in millions of dollars). Sales Cost of Goods Sold (Income Statement) (Income Statement) Walmart 481,482 361,777 Target 74,005 51,770 Accounts Receivable (Balance Sheet) 5,657 736 Inventory (Balance Sheet) 44,682 8,692 a. What is each company's accounts receivable days? b. What is each company's inventory turnover? C. Which company is managing its accounts receivable and inventory more efficiently? a. What is each company's accounts receivable days? The accounts receivable days for Walmart are days. (Round to two decimal places.)
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