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links to walmart and targets financial statements Walmart I/S - http://finance.yahoo.com/q/is?s=WMT+Income+Statement&annual Walmart B/S - http://finance.yahoo.com/q/bs?s=WMT+Balance+Sheet&annual Target I/S - http://finance.yahoo.com/q/is?s=TGT+Income+Statement&annual Target B/S- http://finance.yahoo.com/q/bs?s=TGT+Balance+Sheet&annual a. Write the

links to walmart and targets financial statements

Walmart I/S - http://finance.yahoo.com/q/is?s=WMT+Income+Statement&annual

Walmart B/S - http://finance.yahoo.com/q/bs?s=WMT+Balance+Sheet&annual

Target I/S - http://finance.yahoo.com/q/is?s=TGT+Income+Statement&annual

Target B/S- http://finance.yahoo.com/q/bs?s=TGT+Balance+Sheet&annual

a. Write the ROE, the number of shares outstanding, the dividends per share, and the net income.

b. Compute the sustainable growth rate (g = b * ROE), where b equals the plowback ratio.

c. Calculate the total amount of dividends paid (dividends * number of shares outstanding), the dividend payout ratio (total dividends paid/net income), and the plowback ratio (1 - dividend payout ratio).

d. What does this information reveal about the ROE for the firms you selected?

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