P18.5A (LO 3) presented here (in millions). Suppose selected financial data of Target and Wal-Mart for 2020 are Compoute selected ratios a Writing liquidity, profitability, and for two companies Wal-Mart Stores, Inc. Target tion Income Statement Data for Year Net sales Cost of goods sold $65,357 45,583 15,101 707 $408,214 304,657 79,607 2,065 Sellin andadministraive expenies Interest expense Other income (expense) Income tax expense Net income (94) (411) 1,384 $ 2,488 7,139 $ 14,335 Balance Sheet Data (End of Year) Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity $ 48,331 122,375 170,706 $ 55,561 44,089 71,056 $18,424 26,109 $44,533 $11,327 17,859 15,347 Total liabilities and stockholders' equity $44,533 $170.706 Total assets Total stockholders' equity Current liabilities Total liabilities Beginning-of-Year Balances $163,429 65,682 55,390 97,747 $44,106 13,712 10,512 30,394 Wal-Mart Corporation Stores, Inc. Target Other Data Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends s 7,525 6,942 5,881 1,729 496 S 4,025 33,836 26,249 12,184 4,217 Instructions a. For cach company, compute the following ratios. 1. Current ratio. 2. Accounts receivable turnover. 3. Average collection period. 4. Inventory turnover. 5. Days in inventory 6. Profit margin. 7. Asset turnover. 8. Return on assets 9. Return on common stockholders' equity 10. Debt to assets ratio, 11. Times interest earned. 12. Free cash flow b. Compare the liquidity, solvency, and profitability of the two companies