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Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Balance Sheet Data (End of Year) Current assets $17,000$49,000 Noncurrent
Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Balance Sheet Data (End of Year) Current assets $17,000$49,000 Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Beginning-of-Year Balances Total assets $43,000$162,000 Total stockholders' equity Current liabilities 14,40066,000 Total liabilities 10,60057,000 28,60096,000 Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures $7,9007,2005,8001,700460$4,20033,70026,20012,4003,600 Dividends For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, eng. 15.50, debt to assets ratio and free cash flow answers to 0 decimal places, e.g. 5,275 and all answers to 1 decimal place, eg. 1.8 or 1.83\%.) (4) Inventory turnover times times (5) Days in inventory days days (6) Profit margin % % (7) Asset turnover times times (8) Return on assets % % (9) Return on common stockholders' equity % % (10) Debt to assets ratio % % (11) Times interest earned times times (12) Free cash flow $ $
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