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Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Net sales Cost of goods sold Selling and administrative

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Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year $65,357 $408,214 45,583 304,657 15,101 79,607 707 2,065 (94) (411) 1,384 7,139 $2,488 $14,335 Balance Sheet Data (End of Year) Current assets Noncurrent assets Total assets $18,424 $48,331 26,109 122,375 $44,533 $170,706 Current liabilities $11,327 $55,561 Long-term debt 17,859 44,089 Total stockholders' equity 15,347 71,056

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