pter 13 Homework Question 3 of 5 < Current Attempt in Progress Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year Net sales $67,000 $413,000 Cost of goods sold 44,000 301,000 Selling and administrative expenses 14,000 75,000 Interest expense 660 2,200 Other income (expense) (70 ) (410) Income tax expense 1,400 7,000 Net income $6,870 $27,390 Balance Sheet Data (End of Year) Current assets $17,000 $49,000 Noncurrent assets 26,000 123,000 Total assets $43,000 $172,000 10.000 $64000 -/10 Question 3 of 5 Total assets Current liabilities Long-term debt < > -/10 E $43,000 $172,000 $10,000 $54,000 17,400 43,000 Total stockholders' equity 15,600 75,000 Total liabilities and stockholders' equity $43,000 $172,000 Beginning-of-Year Balances Total assets $43,000 $162,000 Total stockholders' equity 14,100 64,000 Current liabilities 10,800 54,000 Total liabilities 28,900 98,000 Other Data Average net accounts receivable $7,800 $3,800 Average inventory 7,100 33,400 Net cash provided by operating activities 5,700 27,400 Capital expenditures 1,800 12,000 Dividends 450 4,400 Question 3 of 5 -/10 For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, e.g. 15.50, debt to assets ratio and free cash flow answers to 0 decimal places, e.g. 5,275 and all answers to 1 decimal place, e.g. 1.8 or 1.8%) Ratio (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) Return on common stockholders' equity (10) Debt to assets ratio (11) Times interest earned Target :1 Wal-Mart :1 times times days days times days % times % times times days % times % % times SUPP (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 $ eTextbook and Media