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Suppose selected financial data of Target and Wal-Mart for 2014 are presented here (in millions) Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year

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Suppose selected financial data of Target and Wal-Mart for 2014 are presented here (in millions) Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income $66,096 45,996 15,320 710 $412,014 303,156 75,813 2,039 (82 ) (419) 1,305 $ 2,683 6,671 $ 23,916 Balance Sheet Data (End of Year) Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders equity $18,840 27,332 $46,172 $10,849 17,116 18,207 $46,172 $49,766 122,650 $172,416 $54,794 44,568 73,054 $172,416

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