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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 (1/31/22) Wal-Mart (1/31/22) Income Statement Data for Year Net sales $79.000 $ 405,000 51.350 303.750 19.750 64.800 Cost of goods sold Selling and administrative expenses Interest expense Other income 790 2.430 30 4.200 Income taxes 2.499 13.377 Net income $4641 $24.843 Target Wal-Mart Balance Sheet Data (End of Year) Current assets $ 16.170 $41.890 Noncurrent assets 123,000 30.000 $46.170 Total assets $164,890 $10.500 $59.000 21.819 39,934 Current liabilities Long-term liabilities Total stockholders' equity Total liabilities and stockholders equity 23.851 65.956 $ 46,170 $164.890 $ 4.900 $24 300 Net cash provided by operating activities Cash paid for capital expenditures Dividends declared and paid on common stock Weighted average common shares outstanding (millions) $3,500 $ 12.100 $ 470 $3.500 910 3,380 For each company.compute these values and ratios. All dollars are in millions.) (Round Current ratio and Earnings per share to 2 decimal ploces es. 15.25 and Debt to assets ratio to 1 decimal plocs, es 78.9% answer is negative enter it with a negative sin preceding the number 43.-15.000 or in parentheseses (15,000 54,900 $24.500 $3,500 $ 12.100 Net cash provided by operating activities Cash paid for capital Expenditures Dividends declared and paid on common stock Weighted-average common shares outstanding (millions) 5470 $3,500 910 3.380 For each company, compute these values and ratios. (All dollars are in millions) (Round Current ratio and Earnings per share to 2 decimal places es 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. If answer is negative enterit with a negative sign preceding the number sy-15,000 or in parentheseses (15,000) Target Wal-Mart (a) Working capital S (b) Current ratio 1 1 Id Debt to assets ratio % (d) Free cash flow $ lel Earnings per share $ $ th which company has better liquidity? Target Which company has better solvency? Wal-Mart

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