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Selected financial data of two competitors, Target and Walmart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2025
Selected financial data of two competitors, Target and Walmart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2025 financial statements of each company. Target (1/31/25) Walmart (1/31/25) Income Statement Data for Year Net sales $65,000 $400,000 Cost of goods sold 43,550 280,000 Selling and administrative expenses 16,900 80,000 Interest expense 650 2,800 Other income 20 4,100 Income taxes 1,372 14,455 Net income $2,548 $26,845 Current assets Noncurrent assets Total assets Current liabilities Long-term liabilities Total stockholders' equity Total liabilities and stockholders' equity Target (1/31/25) Walmart (1/31/25) Balance Sheet Data (End of Year) $19,780 $42,000 31,000 118,000 $50,780 $160,000 $11,500 $60,000 26,585 40,800 12,695 59,200 $50,780 $160,000 Weighted-average common shares outstanding (millions) 520 3,500 For each company, compute these values and ratios. (Round Current ratio and Earnings per share to 2 decimal places, eg. 15.25 assets ratio to 1 decimal place, eg. 78.9%. If answer is negative enter it with a negative sign preceding the number e.g.-15,000 or in ea (15.000) Enter amounts in millions) (a) Working capital (b) Current ratio (c) Debt to assets ratio (d) Earnings per share $ Target (e) Which company has better liquidity? Which company has better solvency? :1 Walmart :1 % %
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