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Please help me solve for question 7-12 Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Wal-Mart Target Corporation
Please help me solve for question 7-12
Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Wal-Mart Target Corporation Stores, Inc. Income Statement Data for Year Net sales $66,400 $410,000 Cost of goods sold 46,000 308,000 Selling and administrative expenses 14,200 78,000 Interest expense 650 2,200 Other income (expense) (70) Income tax expense Net income 1,400 $4,080 (390) 7,100 $14,310 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) $19,000 26,900 $45,900 $10,000 16,900 19,000 $45,900 $48,000 122,000 $170,000 $56,000 44,000 70,000 $170,000 Total assets Total stockholders' equity Current liabilities Total liabilities Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends Beginning-of-Year Balances $43,000 $162,000 14,300 65,000 10,500 55,000 28,700 97,000 $3,900 32,900 26,600 12,400 3,900 Other Data $7,600 6,900 5,500 1,700 460 (7) (8) (9) (10) (11) (12) Asset turnover Return on assets Return on common stockholders' equity Debt to assets ratio Times interest earned Free cash flow times % % % times times % % % times Step by Step Solution
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