Question 7 of 9 Current Attempt in Progress Selected hypothetical financial data of Target and Walmart for 2022 are presented here (in millions). Target Corporation Walmart Inc. Income Statement Data for Year Net sales $65,360 $416,860 Cost of goods sold 44.730 302,120 Selling and administrative expenses 14,000 79,000 Interest expense 660 1,800 Other income (expense) (85) (380) Income tax expense 1,500 7.100 Net income $ 4,385 $ 26,460 Balance Sheet Data (End of Year) Current assets $15.950 $50,220 Noncurrent assets 27,400 121,000 Total assets $43,350 $171,220 Current liabilities $11,000 $54,000 Long-term debt 17,800 43,000 Total stockholders' equity 14,550 74,220 Total liabilities and stockholders' equity $43,350 $171,220 Beginning-of-Year Balances Total assets $45,000 $ 162,000 Total stockholders' equity 12,800 66,000 Current liabilities 10,800 54,000 Total liabilities 32,200 96,000 Other Data $7,600 $3,800 Average net accounts receivable 7.100 33,200 Average inventory 5,600 27,400 Net cash provided by operating activities 1,600 12.100 Capital expenditures 470 4,200 Dividends Question 7 of 9 -/1 E (a) For each company, compute the following ratios. (Round current ratio to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, eg. 1.8 or 2.5%. Use 365 days in calculation.) Ratio Target Walmart (1) Current ratio :1 -1 (2) 2 Accounts receivable turnover times time (3) Average collection period days day: (4) Inventory turnover times tims (5) Days in inventory days day (6) Profit margin (7) Asset turnover times time (7) Asset turnover times time * (8) Return on assets (9) Return on common stockholders' equity % (10) Debt to assets ratio % time (11) Times interest earned times (12) $ $ Free cash flow e Textbook and Media