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Question 2 of 2 View Policies Current Attempt in Progress Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars
Question 2 of 2 View Policies Current Attempt in Progress Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Sup were taken from the 2022 financial statements of each company. Target (1/31/22) Wal-Mart (1/31/22) Income Statement Data for Year Net sales $61,000 $420,000 Cost of goods sold 40,870 319,200 Selling and administrative expenses 15,250 67,200 Interest expense 610 2,520 Other income 30 3,900 Income taxes Net income 1,505 12.243 $2,795 $22,737 Target Wal-Mart Balance Sheet Data (End of Year) Current assets Noncurrent assets Total assets $14,040 $40,810 27,000 129,000 $41,040 $169.810 Current liabilities $9,000 $ 53,000 Long-term liabilities 21,780 48.886 Total stockholders' equity 10.260 67.924 Total liabilities and stockholders' equity $41,040 $169,810 Net cash provided by operating activities $4,600 $24,200 Cash paid for capital expenditures $3,700 $11.300 E 1
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