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Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions). (b) Compare the liquidity, solvency, and profitability of the two

Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions). (b) Compare the liquidity, solvency, and profitability of the two companies. image text in transcribed

Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions) Target Wal-Mart Corporation Stores, Inc. ome Statement Data for Year Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income $65,357 45,583 15,101 707 94 1,384 $ 2,488 $408,214 304,657 79,607 2,065 (411) 7,139 $ 14,335 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 $18,424 26,109 $44,533 $11,327 17,859 15,347 $44,533 48,331 122,375 $170,706 55,561 44,089 71,056 $170,706 eqinning-of-Year Balances Total assets Total stockholders' equity Current liabilities Total liabilities $44,106 13,712 10,512 30,394 $163,429 65,682 55,390 97,747 Other Data Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends $7,525 6,942 5,881 1,729 496 s 4,025 33,836 26,249 12,184 4,217 (b) Compare the liquidity, solvency, and profitability of the two companies

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