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Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2022

Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2022 financial statements of each company.

Target (1/31/22) Wal-Mart (1/31/22) Income Statement Data for Year Net sales $72,000 $414,000 Cost of goods sold 50,400 310,500 Selling and administrative expenses 18,000 78,660 Interest expense 720 4,140 Other income 20 4,300 Income taxes 1,015 8,750 Net income $ 1,885 $ 16,250

Target Wal-Mart Balance Sheet Data (End of Year) Current assets $16,200 $ 43,160 Noncurrent assets 25,000 111,000 Total assets $41,200 $154,160 Current liabilities $9,000 $ 52,000 Long-term liabilities 21,076 48,204 Total stockholders equity 11,124 53,956 Total liabilities and stockholders equity $41,200 $154,160 Net cash provided by operating activities $5,200 $23,400 Cash paid for capital expenditures $3,700 $11,400 Dividends declared and paid on common stock $440 $3,400 Weighted-average common shares outstanding (millions) 650 5,000

For each company, compute these values and ratios. (All dollars are in millions.) (Round Current ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. If answer is negative enter it with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000).)

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