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 $65,300 $417,000 Cost of goods sold 45,000 301,000 Selling and administrative expenses 14,000 79,000 Interest expense 660 1,800 Other income (expense) (85) (380) Income tax expense 1,500 7,100 Net income $4,055 $27,720 Balance Sheet Data (End of Year) Current assets $16,000 $50,000 Noncurrent assets 27,400 121,000 Total assets $43,400 $171,000 Current liabilities $11,000 $54,000 Long-term debt 17,800 43,000 Total stockholders' equity 14,600 74,000 Total liabilities and stockholders' equity $43,400 $171,000