Selected financial data of Target (USA) and Wal-Mart Stores, Inc. (USA) for a recent year are presented below (in millions). Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year Net sales $72.596 $476.294 Cost of goods sold 51,160 358,069 Selling and administrative expenses 16,816 91,353 Interest expense 1,126 2335 Other income (expense) (391) (410) Income tax expense 1.132 8.105 Net income $ 1,971 $ 16,022 Statement of Financial Position Data (End of Year) Non-current assets $32,980 $143,566 Current assets 11.573 61.185 Total assets $44,553 $204,751 Total equity $16,231 $ 81,339 Non-current liabilities 15,545 54,067 Current liabilities 12.777 69.345 Total equity and liabilities $44,553 $204.751 Beginning-of-Year Balances Total assets $48,163 $203,105 Total equity 16,558 81,738 Current liabilities 14,031 71,818 Total liabilities 31.605 131,287 Other Data $2,921 $ 6,723 Average net accounts receivable 8,335 44,331 Average inventory 6,520 23.257 Net cash provided by operating activities Requirement: (a) For each company, compute the following ratios: 1. Current ratio. 2. Accounts receivable turnover. (in times and days) 3. Inventory turnover. (in times and days) 4. Profit margin 5. Asset turnover. 6. Return on assets. 7. Return on ordinary shareholders' equity. 8. Debt to assets ratio. 9. Times interest earned. (b) Compare the liquidity, profitability, and solvency of the two companies