Problem 13-5A (Essay) Suppose selected financial data of Target and Wal-Mart for 2019 are presented here (in millions) Wal-Mart Target Corporation 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 $408,214 304,657 79,607 2,065 (411) 7,139 $ 14,335 707 (94) 1,384 $2,488 Balance Sheet Data (End of Year) $ 48,331 122,375 $170,706 $ 55,561 44,089 71,056 $170,706 $18,424 26,109 $44,533 $11,327 17,859 15,347 $44,533 Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Beginning-of-Year Balances Total assets Total stockholders' equity Current liabilities Total liabilities $44,106 13,712 10,512 30,394 $163,429 65,682 55,390 97,747 Other Data Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends $7,525 6,942 5,881 1,729 496 $ 4,025 33,836 26,249 12,184 4,217 Compare the liquidity, solvency, and profitability of the two companies