For

2015,

Walmart and Target had the following information (all values are in millions of dollars).

	Sales (Income Statement)	Cost of Goods Sold (Income Statement)	Accounts Receivable (Balance Sheet)	Inventory (Balance Sheet)
Walmart	482,801	360,524	5,670	43,479
Target	73,178	51,732	871	8,582

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?

Question content area bottom

Part 1

a. What is each company's accounts receivable days?

The accounts receivable days for Walmart are

enter your response here

days. (Round to two decimal places.)

Part 2

The accounts receivable days for Target are

enter your response here

days. (Round to two decimal places.)

Part 3

b. What is each company's inventory turnover?

Inventory turnover for Walmart is

enter your response here

times. (Round to two decimal places.)

Part 4

Inventory turnover for Target is

enter your response here

times. (Round to two decimal places.)

Part 5

c. Which company is managing its accounts receivable and inventory more efficiently? (Select the best answers from the drop-down menus.)

Target

Walmart

is the company managing its accounts receivable more efficiently, and

Target

Walmart

is the company managing its inventory more efficiently.