Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year Net sales $66,800 $406,000 Cost of goods sold 45,000 305,000 Selling and administrative expenses 78,000 Interest expense 14,400 690 (75) 2,000 (420) Other income (expense) Income tax expense 1,300 6,900 Net income $5,335 $ 13,680 Balance Sheet Data (End of Year) Current assets $19,000 $48,000 Noncurrent assets 27,300 121,000 Total assets $46,300 $169,000 Current liabilities $12,000 $55,000 Long-term debt 17,500 44,000 16,800 70,000 Total stockholders' equity Total liabilities and stockholders' equity $46,300 $169,000 Beginning-of-Year Balances Total assets $45,000 $164,000 Total stockholders' equity 13,800 66,000 Current liabilities 57,000 10,800 31,200 Total liabilities 98,000 Other Data $4,100 Average net accounts receivable Average inventory $8,000 7,100 34,000 Net cash provided by operating activities 6,000 25,800 11,500 Capital expenditures 1,800 Dividends 450 3,700 Dividends 450 3,700 For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, e.g. 15.50, debt to assets ratio and free cash flow answers to O decimal places, e.g. 5,275 and all answers to 1 decimal place, e.g. 1.8 or 1.83%.) Ratio Target Wal-Mart (1) Current ratio 1.58 :1 0.87 Accounts receivable turnover 1.58 :1 8.4 times days 8.4 times L 99.0 times Average collection period 0.27 days Inventory turnover 6.33 times 8.97 times Days in inventory 57 days 40 days (6) Profit margin 8.0 3.3 % Asset turnover 1.5 times 24 times Return on assets Return on common stockholders' equity (10) Debt to assets ratio (11) Times interest earned times times (12) Free cash flow