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Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Balance Sheet Data (End of Year) Current assets Noncurrent assets
Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Balance Sheet Data (End of Year) Current assets Noncurrent assets Total assets Current liabilities $10,000$172,000$42,10026,100=$54,000 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 $
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