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Other Experts Answered Wrong. Please Help and Answer Correctly . Additional information: 1. Equipment costing $91,700 was purchased for cash during the year. 2. Investments
Other Experts Answered Wrong. Please Help and Answer Correctly .
Additional information: 1. Equipment costing $91,700 was purchased for cash during the year. 2. Investments were sold at cost. 3. Equipment costing $47,700 was sold for $13,760, resulting in gain of $8,160. 4. A cash dividend of $93,460 was declared and paid during the year. Suppose selected financial data of Target and Walmart for 2022 are as follows (in millions). For each company, compute the following ratios. (Round current ratio to 2 decimal places, e.g. 1.83. Round accounts receivable turnover, average collection period, inventory turnover, days in inventory, profit margin, asset turnover, return on assets, return on common stockholders' equity and times interest earned to 1 decimal places, e.g. 1.8 or 1.8%. Round debt to assets ratio to 0 decimal places, e.g. 15\%.)
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