Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Target Wal-Mart Corporation Stores, Inc Income Statement Data for Year $66.900 $417.000 44,000 308.000 14.400 79,000 Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income 750 1.800 (95) (400) 1,500 6,600 $ 6,155 $ 21,200 Balance Sheet Data (End of Year) $17.000 $45,000 26,800 120.000 $43,800 $165.000 Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity $10,000 $56,000 17,300 44,000 16,500 $43,800 65.000 $165.000 Total assets Total stockholders' equity Current liabilities Total liabilities Beginning-of-Year Balances $43.000 $165.000 13,400 64.000 10,000 56.000 29,600 101,000 Other Data $7,500 $3.900 7,200 32,800 Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures 5,500 25.900 1,800 12.400 Dividends 450 4.400 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 0 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) 1) Current ratio 1.70 :1 0.80 :1 (2) Accounts receivable turnover 8.92 times 106.92 times (3) Average collection period 40.92 days 3.41 days (4) Inventory turnover 6.11 times 9.39 times () (5) Days in inventory 59.73 days 38.87 days (6) Profit margin 9.20 % 5.08 % (7) Asset turnover 1.56 times 2.53 times (8) Return on assets 14.31 % 12.85 % (9) Return on common stockholders' equity 45.93 % 33.13 % (10) Debt to assets ratio 68 % 61.21 % (11) Times interest earned 11.21 times 16.44 times (12) Free cash flow 3250.00 9100.00