Problem 13-5A Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions). Target Corporation Wal-Mart Stores, Inc. Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Income Statement Data for Year $411,000 302,000 81,000 2,100 $66,100 44,000 15,400 660 (70 ) (420) 1,400 $ 4,570 7,300 S 18,180 Balance Sheet Data (End of Year) Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total lilabilities and stockholders' equity $17,000 26,800 $43,800 $12,000 17,600 14.200 $43,800 $49,000 120,000 $169,000 $54,000 45,000 70,000 $169,000 Beginning-of-Year Balances Total assets Total stockholders' equity Current liabilities Total liabilities $43,000 14,400 10,600 28,600 $162,000 66,000 57,000 96,000 Other Data Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends $7,900 7,200 5,800 1,700 460 $4,200 33,700 26,200 12,400 3,600 (a) For each company, compute the following ratios. (Round all answers to 2 decima places, eg. 1.83 or 1.83%) Target Wal-Mart (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) Retum on common stockholders' equity (10) Debt to assets ratio (11) Times interest eaned (12) Free cash flow times days times times days times days days times times times times