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Selected financial data of Target and Wal-Mart for a recent year are presented here (in millions). Target Corporation Wal-Mart Stores, Inc. Income Statement Data for
Selected financial data of Target and Wal-Mart for a recent year are presented here (in millions).
Target Corporation | Wal-Mart Stores, Inc. | |||
Income Statement Data for Year | ||||
Net sales | $61,471 | $374,526 | ||
Cost of goods sold | 41,895 | 286,515 | ||
Selling and administrative expenses | 16,200 | 70,847 | ||
Interest expense | 647 | 1,798 | ||
Other income (expense) | 1,896 | 4,273 | ||
Income tax expense | 1,776 | 6,908 | ||
Net income | $ 2,849 | $ 12,731 | ||
Balance Sheet Data (End of Year) | ||||
Current assets | $18,906 | $ 47,585 | ||
Noncurrent assets | 25,654 | 115,929 | ||
Total assets | $44,560 | $163,514 | ||
Current liabilities | $11,782 | $ 58,454 | ||
Long-term debt | 17,471 | 40,452 | ||
Total stockholders%u2019 equity | 15,307 | 64,608 | ||
Total liabilities and stockholders%u2019 equity | $44,560 | $163,514 | ||
Beginning-of-Year Balances | ||||
Total assets | $37,349 | $151,587 | ||
Total stockholders%u2019 equity | 15,633 | 61,573 | ||
Current liabilities | 11,117 | 52,148 | ||
Total liabilities | 21,716 | 90,014 | ||
Other Data | ||||
Average net receivables | $ 7,124 | $ 3,247 | ||
Average inventory | 6,517 | 34,433 | ||
Net cash provided by operating activities | 4,125 | 20,354 |
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