Question 2 of 3 -/30 Selected financial data of Target (USA) and Wal-Mart Stores, Inc. (USA) for a recent year are presented below in millions Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year $72,596 $476,294 Net sales 51.160 358.069 16.816 91,353 Cost of goods sold Selling and administrative expenses Interest expense Other income (expensel 1.126 2,335 (391) (410) Income tax expense 1,132 8.105 Net income $ 1.971 $ 16,022 Statement of Financial Position Data (End of Year) Non-current assets $32.980 $143,566 30 II Statement of Financial Position Data (End of Year) $32,980 $143.566 11.573 61.185 $44,553 $204751 Non-current assets Current ascets Total assets Total equity Non-current liabilities Current liabilities Total equity and liabilities $16.231 $81.339 15.545 54,067 12777 69.345 $44,553 $204,751 Beginning-of-Year Balances Total assets $48.163 $203,105 Total equity 16,558 B1,738 Current liabilities 14,031 71,818 Total liabilities 31605 131287 Question 2 of 3 -/30 E Other Data Average net accounts receivable 52.921 $6,723 Average inventory 8,335 44331 Net cash provided by operating activities 6.520 23.257 (a) For each company.compute the following ratios. (Round all answers to 1 decimal place, 63.1.6 or 1.6%) Ratio Target Wal-Mart (1) Current ratio :1 --1 121 Accounts receivable turnover (3) Average collection period (4) Inventory turnover Question 2 of 3 - / 30 13) Average collection period (4) Inventory turnover (5) Days in inventory Profit margin (6) 94 9 (71 Asset turnover (8) Return on assets % 91 Return on ordinary shareholders equity % (10) Debt to total assets (11) Times interest earned Save for Later Attempts:0 of 3 used Submit