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 $66,300 $411,000 Cost of goods sold 44,000 305,000 Selling and administrative expenses 14,300 77,000 Interest expense 660 1,900 Other income (expense) (80 ) (420 ) Income tax expense 1,500 7,200 Net income $ 5,760 $ 19,480 Balance Sheet Data (End of Year) Current assets $17,000 $48,000 Noncurrent assets 26,800 122,000 Total assets $43,800 $170,000 Current liabilities $11,000 $55,000 Long-term debt 17,700 45,000 Total stockholders equity 15,100 70,000 Total liabilities and stockholders equity $43,800 $170,000 Beginning-of-Year Balances Total assets $43,000 $164,000 Total stockholders equity 12,700 66,000 Current liabilities 10,500 55,000 Total liabilities 30,300 98,000 Other Data Average net accounts receivable $7,400 $3,900 Average inventory 7,000 33,200 Net cash provided by operating activities 5,500 26,200 Capital expenditures 1,800 11,900 Dividends 470 3,900 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 enter the current ratio :1 enter the current ratio :1 (2) Accounts receivable turnover enter accounts receivable turnover in times times enter accounts receivable turnover in times times (3) Average collection period enter average collection period in days days enter average collection period in days days (4) Inventory turnover enter inventory turnover in times times enter inventory turnover in times times (5) Days in inventory enter days in inventory ratio days enter days in inventory ratio days (6) Profit margin enter percentages % enter percentages % (7) Asset turnover enter asset turnover in times times enter 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 times enter times interest earned times (12) Free cash flow $ enter a dollar amount $ enter a dollar amount Click if you would like to Show Work for this question: Open Show Work