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Problem 14-5A a Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in illions). Target Corporation Wal-Mart Stores, Inc. Income Statement

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Problem 14-5A a Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in illions). Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year $408,214 304,657 Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) $65,357 45,583 15,101 707 (94) 1,384 $2,488 79,607 2,065 (411) 7,139 $ 14,335 n)Income tax expense Net income Balance Sheet Data (End of Year) $48,331 122,375 $170,706 Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity $18,424 26,109 $44,533 $11,327 17,859 15,347 $44,533 $55,561 44,089 71,056 Total liabilities and stockholders equity $170,706 Beginning-of-Year Balances Total assets $44,106 13,712 $163,429 65,682 Total stockholders' equity

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