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

Net sales $66,100 $411,000

Cost of goods sold 44,000 302,000

Selling and administrative 15,400 81,000

expenses

Interest expense 660 2,100

Other income (expense) (70) (420)

Income tax expense 1,400 7,300

Net income $ 4,570 $ 18,180

Balance Sheet Data

(End of Year)

Current assets $17,000 $49,000

Noncurrent assets 26,800 120,000

Total assets $43,800 $169,000

Current liabilities $12,000 $54,000

Long-term debt 17,600 45,000

Total stockholders' equity 14,200 70,000

Total liabilities and stockholders' equity $43,800 $169,000

Beginning-of-Year Balances

Total assets $43,000 $162,000

Total stockholders' equity 14,400 66,000

Current liabilities 10,600 57,000

Total liabilities 28,600 96,000

Other Data

Average net accounts receivable $7,900 $4,200

Average inventory 7,200 33,700

Net cash provided by operating activities 5,800 26,200

Capital expenditures 1,700 12,400

Dividends 460 3,600

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) Current ratio :1 :1

(2) Accounts receivable turnover times times

(3)Average collection period days days

(4)Inventory turnover times times

(5)Days in inventory days days

(6)Profit margin % %

(7)Asset turnover times times

(8)Return on assets % %

(9)Return on common stockholders' equity % %

(10)Debt to assets ratio % %

(11)Times interest earned times times

(12) Free cash flow $ $