Problem 14-5A a Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Wal-Mart Target Corporation Stores, Inc. Income Statement Data for Year Net sales $65,357 $408,214 Cost of goods sold 45,583 304,657 Selling and administrative expenses 15,101 79,607 Interest expense 707 2,065 Other income (expense) (94) (411) Income tax expense 1,384 7,139 $ 2,488 $ 14,335 Net income Balance Sheet Data (End of Year) $18,424 $48,331 Current assets Noncurrent assets 26,109 122,375 $44,533 $170,706 Total assets Current liabilities $11,327 $55,561 Long-term debt 17,859 44,089 Total stockholders' equity 15,347 71,056 Total liabilities and stockholders' equity $44,533 $170,706 Beginning-of-Year Balances Total assets $44,106 $163,429 Total stockholders' equity 13,712 65,682 Current liabilities 10,512 55,390 Total liabilities 30,394 97,747 Other Data $7,525 $4,025 Average net accounts receivable Average inventory 6,942 33,836 Net cash provided by operating activities 5,881 26,249 Capital expenditures 1,729 12,184 Dividends 496 4,217 (a) For each company, compute the following ratios. (Enter free cash flow in millions. Round Current ratio to 2 decimal places, e.g. 1.67. Round Debt to assets ratio to 0 decimal places, e.g. 18 or 18%. Round all other answers to 1 decimal place, e.g. 1.6%. Use 365 days for calculation.) Wal-Mart Ratio Target (1) Current ratio :1 :1 (2) Accounts receivable turnover times times (3) days days Average collection period (4) times times Inventory turnover (5) Days in inventory days days Profit margin (6) % (7) times times Asset turnover (8) Return on assets (9) Return on common stockholders' equity % (10) Debt to assets ratio (11) Times interest earned times times (12) Free cash flow million million 2$