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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

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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 financial statements of each company. Target Wal-Mart (1/31/22) (1/31/22) Income Statement Data for Year $ 70,000 $ 416,000 Net sales Cost of goods sold Selling and administrative expenses 47,600 320,320 17.500 74 880 700 2.080 Interest expense 20 4,200 Other income 1.477 8,022 Income taxes $ 2,743 $ 14,898 Net income Target Wal-Mart Balance Sheet Data (End of Year) $ 18,630 $43,740 31,000 123,000 Current assets Noncurrent assets $49,630 $ 166,740 Total assets $ 11,500 $ 54,000 Current liabilities 23,241 37,707 Long-term liabilities 14,889 75,033 Total stockholders' equity $49,630 $ 166,740 Total liabilities and stockholders' equity $ 23,900 Net cash provided by operating activiti Total liabilities and stockholders' equity $ 49,630 $ 166,740 $5,200 $ 23,900 Net cash provided by operating activities Cash paid for capital expenditures Dividends declared and paid on common stock Weighted average common shares outstanding (millions) $3,400 $ 11,400 $430 $3,400 650 2,600 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).) Target Wal-Mart (a) Working capital $ $ (b) Current ratio 1 1 (c) Debt to assets ratio % (d) Free cash flow $ $ (e) Earnings per share $ $ () Which company has better liquidity? Which company has better solvency

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