P18-5 Selected financial data of Target Corporation and Wal-Mart Stores, Inc. for a recent year are presented here (in millions) Wal-Mart Stores, Inc Income Statement Data for Year Target Corporation Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income $61,471 41,895 16,200 647 1,896 1.776 2,849 $374,526 286,515 70,847 1,798 4,273 6,908 12,731 Balance Sheet Data (End of Year) 47,585 115,929 $163,514 Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity $18,906 25,654 $44,560 $11,782 17,471 15,307 $44,560 58,454 40,452 64,608 163,514