Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PLEASE DO ALL RATIOS FOR BOTH COMPAINES 1-12 with information provided For each company, compute the following ratios. (Round current ratio answers to 2 decimal

PLEASE DO ALL RATIOS FOR BOTH COMPAINES 1-12 with information provided image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, eg. 15.50, debt to assets ratio and free ench flow answers to 0 decimal places, eg 5,275 and all answers to 1 decimal place, eg. 1.8 or 1.8 ) (1) Currentratio (2) Accounts receivable turnover times times (3) Average collection period days days (4) Inventory turnover times times (5) Days in inventory days dars (6) Profitmargin % x (7) Asset turnover times times (8) Return on assets (9) Return on common stockholders' equity (10) Debto tossets ratio \% *s (11) Times interestearned \% \% 36 % (12) Freecash flow times x. times Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). \begin{tabular}{|c|c|c|} \hline & \multicolumn{2}{|c|}{\begin{tabular}{c} Balance Sheet Data \\ (End of Year) \end{tabular}} \\ \hline Current assets & $17,000 & $45,000 \\ \hline Noncurrent assets & 26,700 & 120,000 \\ \hline Total assets & $43,700 & $165,000 \\ \hline Current liabilities & $11,000 & $55,000 \\ \hline Long-term debt & 18,200 & 45,000 \\ \hline Total stockholders' equity & 14,500 & 65,000 \\ \hline \multirow[t]{2}{*}{ Total liabilities and stockholders' equity } & $43,700 & $165,000 \\ \hline & \multicolumn{2}{|c|}{ Beginning-of-Year Balances } \\ \hline Total assets & $43,000 & $165,000 \\ \hline Total stockholders' equity & 12.600 & 64,000 \\ \hline Current liabilities pis & 10.000 & 58.000 \\ \hline Totalliabllities & 30,400 & 101,000 \\ \hline & & \\ \hline \end{tabular} \begin{tabular}{lcc} & \multicolumn{2}{c}{ Other Data } \\ \cline { 2 - 3 } Average net accounts receivable & $7,700 & $4,200 \\ Average inventory & 6,800 & 34,500 \\ Net cash provided by operating activities & 5,500 & 25,800 \\ Capital expenditures & 1,800 & 12,300 \\ Dividends & 490 & 4,200 \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Theory Contemporary Accounting Issues

Authors: Thomas G. Evans

1st Edition

0324107846, 9780324107845

More Books

Students also viewed these Accounting questions

Question

Understand the primary objectives of performance appraisals

Answered: 1 week ago