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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

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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 $66,100 $411,000 Net sales 44,000 302,000 15.400 Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) 81,000 660 2,100 (70) (420) 1,400 7,300 Income tax expense 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 Balance Sheet Data (End of Year) Current assets $17,000 Noncurrent assets $49.000 120,000 26,800 Total assets $43,800 $169,000 Current liabilities $12,000 $54,000 17,600 45,000 Long-term debt Total stockholders' equity Total liabilities and stockholders' equity 14,200 70,000 $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 $7.900 $4,200 Average net accounts receivable Other Data $7.900 $4,200 7,200 33.700 Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends 5,800 26.200 1,700 12,400 460 3,600 For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, eg: 15.50, debt to assets ratio and free cash flow answers to 0 decimal places, eg. 5,275 and all answers to 1 decimal place, eg. 1.8 or 1.83%) Ratio Target Wal-Mart (1) Current ratio 21 1 (2) Accounts receivable turnover times times (3) Average collection period days days times times (4) Inventory turnover days days (5) Days in inventory % % (6) Profit margin Ratio Target Wal-Mart (1) Current ratio .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 % 96 (7) Asset turnover times times (8) Return on assets % % (9) Return on common stockholders' equity % % % % (10) Debt to assets ratio times times (11) Times interest earned $ $ (12) Free cash flow

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