Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Wal-Mart Stores, Inc. Target Corporation Income Statement Data for Year Net sales $65,357 $408,214 Cost of goods sold 45,583 304,657 Selling and administrative expenses 15,101 79,607 Interest expense 707 2.065 Other income (expense) (94) (411) Income tax expense 1,384 7,139 Net income $2,488 $14,335