Selected financial data of Target Corporation and Wal-Mart Stores, Inc. for a recent year are presented here (in millions)

Problem 14-5A Selected financial data of Target Corporation and Wal-Mart Stores, Inc. for a recent year are presented here (in millions) Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year $61,471 Net sales $374,526 286,515 Cost of goods sold 41,895 Selling and administrative expenses 16,200 70,847 Interest expense 1,798 647 Other income (expense) 1,896 4,273 Income tax expense 1,776 6,908 $ 2,849 12,731 Net income Balance Sheet Data (End of Year) $ 47,585 $18,906 Current assets 115,929 Noncurrent assets 25,654 $44,560 $163,514 Total assets $11,782 Current liabilities 58,454 Long-term debt 17,471 40,452 Total stockholders' equity 15,307 64,608 $163,514 $44,560 Total liabilities and stockholders' equity Beginning-of-Year Balances Total assets $37,349 $151,587 Total stockholders' equity 15,633 61,573 52,148 Current liabilities 11,117 21,716 90,014 Total liabilities Other Data $7,124 Average net accounts receivable 3,247 Average inventory 6,517 34,433 Net cash provided by operating activities 4,125 20,354 (a) For each company, compute the following ratios. (Use 365 days for calculation. Round all answers to decimal place, e.g. 1.6, or 1.6%.) Ratio Wal-Mart Target (1) Current ratio :1 :1 (2) Accounts receivable turnover times times (3) Average collection period days 1days (4) Inventory turnover times times (5) Days in inventory days 1days (6) Profit margin % (7) Asset turnover times Itimes 0% (8) Return on assets (9) Return on common stockholders' equity % % (10) Debt to assets ratio % % (11) Times interest earned times times