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Ratio Target Wal-Mart (1) Current ratio 1.8 :1 (2) Accounts receivable turnover 8.43 times times (3) Average collection period 43.29 days days Inventory turnover 6.62

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Ratio Target Wal-Mart (1) Current ratio 1.8 :1 (2) Accounts receivable turnover 8.43 times times (3) Average collection period 43.29 days days Inventory turnover 6.62 times times (4) (5) Days in inventory 55.14 days days (6) Profit margin 6.60 (7) Asset turnover 6.19 times times (8) Return on assets 4.01 (9) Return on common stockholders'equity (10) Debt to assets ratio (11) Times interest earned times times (12) Free cash flow 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 Net sales Cost of goods sold Selling and administrative expenses $66,600 45,000 14,900 730 $107.000 305,000 79,000 1,800 (3901 7,400 Interest expense Other income expensel 1751 Income tax expense 1,500 $4.395 Net income $13,410 Balance Sheet Data (End of Yearl Current assets $18,000 Noncurrent assets 26100 Total assets $44,100 $50,000 121,000 $171,000 $55,000 45.000 71,000 Current abilities Long term debt $10,000 17,200 16,900 Total stockholders' equity Total abilities and stockholders'equity $44.100 $171.000 Berinning-of-Year Balances Total assets Total stockholders' equity Current liabilities Total abilities $45,000 13,900 10,900 31,100 $163,000 64,000 54,000 99,000 Other Data Average net accounts receivable $7.900 6.800 Average inventary Net cash provided by operating activities Capital expenditures Dividends 5,600 1,600 520 $3,800 34,200 24,800 11,600 4,200 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 O decimal places, e.. 5,275 and all answers to 1 decimal place, .. 1.8 or 1.83%.) Ratio Target Wal-Mart

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