Problem 13-5A Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions) Wal-Mart Stores, Inc. Target Corporation 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 $406,000 305,000 78,000 2,000 (420 6,900 13,680 $66,800 45,000 14,400 690 1,300 $ 5,335 Balance Sheet Data (End of Year) $19,000 27,300 $46,300 $12,000 17,500 16,800 $46,300 Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders equity $48,000 121,000 $169,000 $55,000 44,000 70,000 $169,000 Beginning-of-Year Balances $164,000 66,000 57,000 98,000 Total assets Total stockholders' equity Current liabilities Total liabilities $45,000 13,800 10,800 31,200 Other Data $8,000 7,100 6,000 1,800 450 $4,100 34,000 25,800 11,500 3,700 Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends (a) For each company, compute the following ratios. (Round all answers to 2 decimal places, e.g. 1.83 or 1.83%.) Ratio Wal-Mart Target (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 times days times days times days times days times times times times