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

$66,400

$414,000

Cost of goods sold

45,000

302,000

Selling and administrative expenses

15,500

81,000

Interest expense

650

1,900

Other income (expense)

(80

)

(400

)

Income tax expense

1,400

7,300

Net income

$ 3,770

$ 21,400

Balance Sheet Data

(End of Year)

Current assets

$17,000

$47,000

Noncurrent assets

26,700

120,000

Total assets

$43,700

$167,000

Current liabilities

$11,000

$56,000

Long-term debt

16,800

45,000

Total stockholders' equity

15,900

66,000

Total liabilities and stockholders' equity

$43,700

$167,000

Beginning-of-Year Balances

Total assets

$45,000

$164,000

Total stockholders' equity

13,300

64,000

Current liabilities

10,500

58,000

Total liabilities

31,700

100,000

Other Data

Average net accounts receivable

$7,500

$3,900

Average inventory

7,000

33,600

Net cash provided by operating activities

5,500

27,400

Capital expenditures

1,800

11,800

Dividends

500

4,500

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%.)

RatioTarget

Wal-Mart

(1)Current ratio

enter the current ratio

:1enter the current ratio

:1(2)Accounts receivable turnover

enter accounts receivable turnover in times

timesenter accounts receivable turnover in times

times(3)Average collection period

enter average collection period in days

daysenter average collection period in days

days(4)Inventory turnover

enter inventory turnover in times

timesenter inventory turnover in times

times(5)Days in inventory

enter days in inventory ratio

daysenter days in inventory ratio

days(6)Profit margin

enter percentages

%enter percentages

%(7)Asset turnover

enter asset turnover in times

timesenter asset turnover in times

times(8)Return on assets

enter percentages

%enter percentages

%(9)Return on common stockholders' equity

enter percentages

%enter percentages

%(10)Debt to assets ratio

enter percentages

%enter percentages

%(11)Times interest earned

enter times interest earned

timesenter times interest earned

times(12)Free cash flow

$enter a dollar amount

$enter a dollar amount