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Problem 13-5A Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions). Target Wal-Mart Corporation Stores, Inc. Income Statement Data

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Problem 13-5A Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions). Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year Net sales $65,900 $411,000 Cost of goods sold 46,000 307,000 Selling and administrative expenses 14,500 77,000 Interest expense 660 2,000 Other income (expense) (85) (410) Income tax expense 1,400 7,100 Net income $3,255 $ 17,490 Not income 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) $ 16,000 $49,000 26,100 123,000 $42,100 $172,000 $10,000 17,100 15,000 $42,100 . NO Total assets Total stockholders' equity Current liabilities Total liabilities Beginning-of-Year Balances $43,000 $164,000 13,900 65,000 10,900 29,100 99,000 Average net accounts receivable Average inventory Net cash provided by operating activities Canital expenditures Other Data $7,800 $4,100 7,000 33,800 5,600 27,400 1.800 12.500 CALCULATOR STANDARD VIEW Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends Other Data $7,800 $4,100 7,000 33,800 5,600 27,400 1,800 12,500 470 3,700 (a) For each company, compute the following ratios. (Round all answers to 2 decimal places, e.g. Target Wal-Mart Ratio Current ratio (1) Accounts receivable turnover times Average collection period Inventory turnover times 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 interie l le inte haced on the point Datantial Dolly set hy nur instructor

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