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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. Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income Income taxes Net income Target Wal-Mart (1/31/22) (1/31/22) Income Statement Data for Year $64,000 $405,000 41,600 291,600 16,000 72,900 640 4,050 20 4,150 2,023 14,210 $ 3,757 $ 26,390 Target Wal-Mart Balance Sheet Data (End of Year) $22,560 $ 39,900 30,000 116.000 Current assets Noncurrent assets Current assets Noncurrent assets Total assets Current liabilities Long-term liabilities Total stockholders' equity Total liabilities and stockholders' equity Target Wal-Mart Balance Sheet Data (End of Year) $22,560 $ 39,900 30,000 116,000 $52,560 $155,900 $12,000 $57,000 22,164 33,422 18,396 65,478 $52,560 $155,900 Net cash provided by operating activities Cash paid for capital expenditures Dividends declared and paid on common stock Weighted-average common shares outstanding (millions) $5,200 $3,200 $460 850 $24,300 $11,300 $3,500 4,550 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, 28. 78.9%. If answer is negative enter it with a negative sign preceding the number 4.2.-15,000 or in parenthesesex (15,000.) For each company, compute these values and ratios. (All dollars are in millions.) (Round Current ratio and Earnings per share to 2 decimal places, eg. 15.25 and Debt to assets ratio to 1 decimal place, eg. 78.9%. If answer is negative enter it with a negative sign preceding the number eg. -15,000 or in parentheses eg. (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 $ $ (1) Which company has better liquidity? Which company has better solvency

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