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Selected hypothetical financial data of Target and Walmart for 2022 are presented here (in millions). Target Corporation Walmart Inc. Income Statement Data for Year

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Selected hypothetical financial data of Target and Walmart for 2022 are presented here (in millions). Target Corporation Walmart Inc. Income Statement Data for Year Net sales $65.360 $405,900 Cost of goods sold 46.240 306,000 Selling and administrative expenses 15.100 77.000 Interest expense 720 2.000 Other income (expense) (70 ) (410) Income tax expense 1.500 7.500 Net income $1,730 $12,990 Balance Sheet Data (End of Year) $15,960 $45,900 Current assets Noncurrent assets 26,400 121.000 Total assets $42,360 $166,900

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