respectively P13-5A here (in millions). Suppose selected financial data of Target and Wal-Mari for 2017 are presented Compute selected ratios, and compare ligquidity, profitability and solvency for two companies. (L03), AN Wal-Mart Stores, Inc. Target Corporation Income Statement Data for Year Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income $65,357 45,583 15,101 707 $408,214 304,657 79,607 2,065 (94) 1,384 s 2.488 $ 14,335 Balance Sheet Data (End of Year) Current assets Noncurrent assets Total assets $18,424 26,109 $44,533 48,331 122,375 $170,706 Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity $11,327 17,859 15,347 $44,533 $ 55,561 44,089 71,056 $170,706 Beginning-of-Year Balances Total assets Total stockholders' equity Current liabilities Total liabilities $44,106 13,712 10,512 30,394 $163,429 65,682 55,390 97,747 Other Data Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends s 7,525 6,942 5,881 1,729 496 4,025 33,836 26,249 12,184 4,217 Instructions (a) For each company, compute the following ratios. (1) Current ratio. (2) Accounts receivable turnover (3) Average collection period. (4) Inventory turnmover (7) Asset turnover (8) Return on assets. (9) Return on common stockholders' equity (5) Days in inventory (6) Profit margin (10) Debt to assets ratio. (11) Times interest earned. (12) Free cash flow. (b) Compare the liquidity, solvency, and profitability of the two companies