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Selected hypothetical financial data of Target and Walmart for 2022 are presented here (in millions). For each company, compute the following ratios. Assume that all
Selected hypothetical financial data of Target and Walmart for 2022 are presented here (in millions). For each company, compute the following ratios. Assume that all sales were on credit and that there is no preferred stock. (Enter free cash flow in millions. Round Current ratio to 2 decimal places, e.g. 1.67. Round Debt to assets ratio to 0 decimal places, e.g. 18 or 18%. Round all other answers to 1 decimal place, e.g. 1.6, or 1.6%. Use 365 days for calculation.) For each company, compute the following ratios. Assume that all sales were on credit and that there is no preferred stock. (Enter free cash flow in millions. Round Current ratio to 2 decimal places, e.g. 1.67. Round Debt to assets ratio to 0 decimal places, e.g. 18 or 18%. Round all other answers to 1 decimal place, e.g. 1.6, or 1.6%. Use 365 days for calculation.) (1) Current ratio :1 :1 (2) Accounts receivable turnover times times (3) Average collection period days days (4) Inventory turnover times times (5) Days in inventory days days (6) Profit margin % % (7) Asset turnover times times (8) Returnon assets % % (9) Return on common stockholders' equity % % (10) Debt to assets ratio % % (11) Times interest earned times times (12) Free cash flow $ million million
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