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Selected hypothetical financial data of Target and Walmart for 2022 are presented here (in millions). Net sales Cost of goods sold Selling and administrative expenses

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Selected hypothetical financial data of Target and Walmart for 2022 are presented here (in millions). Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Target Corporation Walmart Inc. Income Statement Data for Year $64.800 $405,840 46,240 305,440 14,800 76,000 660 2.200 (70) (390) 1,300 6,500 $1,730 $ 15,310 Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Balance Sheet Data (End of Year) $18.960 $48,950 26.100 123.000 $45.060 $171.950 $12,000 $55.000 17.400 43.000 15,660 73.950 $45.060 $171.950 Total assets Total stockholders' equity Current liabilities Beginning-of-Year Balances $45.000 $162.000 12.900 66.000 10.300 57.000 $45,060 $171.950 Total liabilities and stockholders' equity Total assets Total stockholders' equity Current liabilities Total liabilities Beginning-of-Year Balances $45,000 $162,000 12.900 66,000 10,300 57,000 32,100 96,000 Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends Other Data $8,000 $3,800 6,800 33.200 5,900 27,400 1,700 11,600 510 4,200 (a) For each company.compute the following ratios. (Round current ratio to 2 decimal places, eg 1.83 and all other ans place, eg. 1.8 or 2.5%. Use 365 days in calculation.) Ratio Target Walm :1 (1) Current ratio (2) times Accounts receivable turnover days (3) Average collection period times (4) Inventory turnover Der 1 times (a) For each company.compute the following ratios. (Round current ratio to 2 decimal places, eg 1.83 and all other answers to 1 decimal place, eg. 1.8 or 2.5%. Use 365 days in calculation.) Ratio Target Walmart (1) Current ratio :1 (2) Accounts receivable turnover times (3) Average collection period days days Inventory turnover times (5) Days in inventory days 16) Profit margin % 96 times days times (7) times Asset turnover 96 (8) Return on assets % % % 191 Return on common stockholders equity % 23 (10) Debt to assets ratio times times (11) Times interest earned $ $ (12) Free cash flow

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