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*Problem 13-5A Your answer is partially correct. Try again Suppose selected financial data of Target and Wal-Mart for 2019 are presented here (in millions) Target
*Problem 13-5A Your answer is partially correct. Try again Suppose selected financial data of Target and Wal-Mart for 2019 are presented here (in millions) Target Corporation Wal-Mart 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 $66,500 44,000 15,100 730 (80) 1,300 $5,290 $407,000 310,000 79,000 1,900 380) 6,700 $9,020 Balance Sheet Data (End of Year) Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity $19,000 25,500 $44,500 $10,000 17,200 17,300 $44,500 $50,000 123,000 $173,000 $56,000 44,000 73,000 $173,000 Beginning-of-Year Balances Total assets Total stockholders' equity Current liabilities Total liabilities $44,000 14,500 10,600 29,500 $165,000 64,000 58,000 101,000 Other Data Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends $8,000 6,900 5,800 1,600 490 $4,200 34,300 26,300 11,700 4,400
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