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P13-5A Compute selected ratios, and compare liquidity, profitability, and solvency for two companies (LO 6), AN Suppose selected financial data of Target and Wal-Mart for
P13-5A Compute selected ratios, and compare liquidity, profitability, and solvency for two companies (LO 6), AN Suppose selected financial data of Target and Wal-Mart for 2014 are presented here (in millions) Target Corporation Wal-Mart Stores, Inc Income Statement Data for Year Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income $65,357 45,583 15,101 707 (94) 1,384 $ 2.488 $408,214 304,657 79,607 2,065 (411) 7,139 $ 14,335 Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Balance Sheet Data (End of Year) $ 48,331 122,375 $170,706 $ 55,561 44,089 71056 $170,706 $18,424 26,109 $44,533 S11,327 17,859 15,347 $44,533
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