mework Question 1 of 6 Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year Net sales $66,400 $407,000 Cost of goods sold 46,000 306,000 Selling and administrative expenses 15,500 79,000 Interest expense 670 1,800 Other income (expense) (85) (390) Income tax expense 1,300 7,500 Net income $2.845 $ 12,310 Balance Sheet Data (End of Year) Current assets $19,000 $47,000 Noncurrent assets 27,300 123,000 Total assets $46,300 $170,000 Current liabilities $11,000 $56,000 Long-term debt 18,100 45,000 Total stockholders' equity 17,200 69,000 Total liabilities and stockholders' equity $46,300 $170,000 Total assets Total stockholders' equity Beginning-of-Year Balances $43,000 14,300 $164,000 66,000 -/2 E Question 1 of 6 C > Other income expense Income tax expense Net income 103 7 1,300 $2,845 10707 7.500 $12,310 -/2 E Balance Sheet Data (End of Year) Current assets $19,000 $47,000 Noncurrent assets 27,300 123,000 Total assets $46,300 $170,000 Current liabilities $11,000 $56,000 Long-term debt 18,100 45.000 Total stockholders' equity Total liabilities and stockholders' equity 17,200 69,000 $46,300 $170,000 Beginning-of-Year Balances Total assets $43,000 $164,000 Total stockholders' equity Current liabilities Total liabilities 14,300 66,000 10,800. 57,000 28,700 98,000 Other Data Average net accounts receivable $7,900 $4,100 Average inventory 6,800 34,000 Net cash provided by operating activities 5,600 26,300 Capital expenditures 1,800 11,500 Dividends 520 4,200 Question 1 of 6 > -12 E For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, eg. 15.50, debt to assets ratio and free cash flow answers to O decimal places, e.s. 5,275 and all answers to 1 decimal place, e.g. 1.8 or 1.83%) W (1) Ratio Current ratio Target Wal-Mart :1 (2) Accounts receivable turnover times times (3) Average collection period days days (4) Inventory turnover times times (5) Days in Inventory days days (6) Profit margin % times times (7) Asset turnover (8) Return on assets % % Return on common stockholders (9) equity (10) Debt to assets ratio (11) Times interest earned x % times times (12) Free cash flow eTextbook and Media 4 E 7 R 9 # MacBook Av - G 7 B 9 T Y 9 1 O A S D F G H J K 1 M L A >>> 3 x C V B N M 36 command option