Question 6 each are presented here. All dollars are in millions.) Suppose the data were taken from the 2017 financial statements of are in Selected financial data of two competitors,Target and Wal-Mart, are presented here. (1/31/17) (1/31/17) Income Statement Data for Year $64,600 $401.244 Net sales Cost of goods sold Selling and administrative expenses Interest expense Other Income Income taxes Net income 301,334 73.026 401 4,213 43,088 15,698 840 2840 d29% $2,156 $ 12,400 Wal-Mart Balance Sheet Data (End of Current assets s 14,000 $ 37,730 36000132.270 Total assets Current iablities Long-term liabilities 001 stockholders' equity $ 50000 10.000 20,800 9.200 $ 170.000 5 53,900 44700 71400 education.wiey.com Target Wail-Mart Balance Sheet Data (End of Year) 14000 36000 $ 50,000 10,000 20,800 19.200 50.000 37.730 132,270 $ 170000 $53900 44,700 71400 $170.000 Current assets Noncurrent assets Total assets Current liabilities Long-term liablities Total stockholders' equity Total iabilities and stockholders' equity Net cash provided by operating activities 4,460$22,200 $3,40011.100 Cash paid for capital expenditures Dividends declared anvd paid on common stock 470 7704,000 3,650 Weighted-verage shares outstanding (millions) For eath compamy,compute these values and ratios. All Dollars Are in Millions) (Round Current ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets natio to 1 lecimal place, e78.9%. answer is negative enter it withe negative sign preceding the number e.g.-15.000 or in parentheses e (15,000 Target Wal-Mart al working capital ti current ratio c) Debt to assets ratio d) Free cash flow ei Earninge per share For each company,compute these values and ratios.(All Dollars Are in Millions) (Round Current ratio and Earnings per share to 2 decimal places, eg. 15.25 and Debt to assets ratio to 1 ecnd place, 78.9%. lf onswer is negative enter it with a negative sign preceding the number 4-15,000 or in parentheses 4 CSO0OLJ Target Wal-Mart al Working capital b Current ratio ) Debt to assets ratio ld) Free cash flow el Earnings per share $ n Which company has better liquidity Which company has better solvency eTextbook and Media Attempts: O of 3used C Prev MacBook Air