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serelleu lidl Illal Udd UI LWU LUunipeliLUIS, Idi gel dilu val dll, dle presenteurere. All Ullal s dle IUIIS.) Suppuse lile udld Wereldkeri UIT Lile 2022 financial statements of each company. Target (1/31/22) Wal-Mart (1/31/22) Income Statement Data for Year Net sales $64,000 $405,000 Cost of goods sold 41,600 291,600 Selling and administrative expenses 16,000 72,900 Interest expense 640 4,050 Other income 20 4,150 Income taxes 2,023 14,210 Net income $3,757 $ 26,390 Target Wal-Mart Balance Sheet Data (End of Year) Current assets $22,560 $ 39,900 Noncurrent assets 30,000 116,000 Total assets $52,560 $155,900 Current liabilities $12,000 $ 57,000 Long-term liabilities 22,164 33,422 Year) Current assets $22,560 $ 39,900 Noncurrent assets 30,000 116,000 Total assets $52,560 $155,900 Current liabilities $12,000 $ 57,000 Long-term liabilities 22,164 33,422 Total stockholders' equity 18,396 65,478 Total liabilities and stockholders' equity $52,560 $155,900 Net cash provided by operating activities $5,200 $24,300 Cash paid for capital expenditures $3,200 $11,300 Dividends declared and paid on common stock $460 $3,500 Weighted average common shares outstanding (millions) 850 4,550 For each company, compute these values and ratios. (All dollars are in millions.) (Round Current ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. If answer is negative enter it with a negative sign preceding the number e.g. - 15,000 or in parentheses e.g. (15,000).) Target Wal-Mart (a) Working capital $ (b) Current ratio (c) Debt to assets ratio For each company, compute these values and ratios. (All dollars are in millions.) (Round Current ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. If answer is negative enter it with a negative sign preceding the number e.g. - 15,000 or in parentheses e.g. (15,000).) Target Wal-Mart (a) Working capital $ (b) Current ratio (c) Debt to assets ratio (d) Free cash flow (e) Earnings per share $ (f) Which company has better liquidity? Which company has better solvency
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