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Kindly solve both part a & b Selected financial data of Target (USA) and Wal-Mart Stores, Inc. (USA) for a recent year are presented below
Kindly solve both part a & b
Selected financial data of Target (USA) and Wal-Mart Stores, Inc. (USA) for a recent year are presented below (in millions). Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year $72,596 $476,294 51,160 358,069 16,816 91,353 1,126 2,335 (391) (410) 1.132 8.105 $ 1,971 $ 16,022 Statement of Financial Position Data (End of Year) $32,980 $143,566 11.57 61.185 Non-current assets Current assets Total assets Total equity Non-current liabilities Current liabilities Total equity and liabilities $44,553 $16,231 15,545 $204,751 $ 81,339 54,067 69.345 $204,751 12.777 $44,553 Beginning-of-Year Balances $48,163 16,558 14,031 Total assets $203,105 81,738 Total equity Current liabilities Total liabilities 71,818 131,287 Average net accounts receivable Average inventory Net cash provided by operating activities 31,605 Other Data $2,921 8,335 6,520 $ 6,723 44,331 23,257 Requirement: (a) For each company, compute the following ratios: 1. Current ratio. 2. Accounts receivable turnover. (in times and days) 3. Inventory turnover. (in times and days) 4. Profit margin. 5. Asset turnover. 6. Return on assets. 7. Return on ordinary shareholders' equity. 8. Debt to assets ratio. 9. Times interest earned. (b) Compare the liquidity, profitability, and solvency of the two companies
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