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Suppose selected financial data of Target and Wal-Mart for 2014 are presented here (in millions) Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year
Suppose selected financial data of Target and Wal-Mart for 2014 are presented here (in millions) Target Wal-Mart Corporation 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 $65,912 45,144 15,250 670 $413,976 301,090 78,011 2,103 (78 ) (406 ) 1,371 3,399 6,787 $ 25,579 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 $16,610 26,768 $43,378 $11,766 18,445 13,167 $43,378 $49,869 122,767 $172,636 $54,970 43,016 74,650 $172,636 Beginning-of-Year Balances Total assets Total stockholders' equity Current liabilities Total liabilities $44,305 13,826 10,101 30,479 $162,003 64,259 57,787 97,744 Other Data $7,875 6,906 5,742 1,729 455 Average net accounts receivable Average inventory Ne $4,187 33,846 27,487 11,530 t cash provided by operating activities Capital expenditures Dividends 3,587
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