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Suppose selected financial data of Target and Wal-Mart for 2020 are preser Net sales Cost of goods sold Selling and administrative expenses Interest expense Other

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Suppose selected financial data of Target and Wal-Mart for 2020 are preser Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Wal-Mart Target Stores, Corporation Inc. Income Statement Data for Year $66,400 $414,000 45,000 302,000 15,500 81,000 650 1,900 (80) (400) 1,400 7,300 $3,770 $21,400 Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Balance Sheet Data (End of Year) $17,000 $47,000 26,700 120,000 $43,700 $167,000 $11,000 $56,000 16,800 45,000 15,900 66,000 $43,700 $167,000 Total assets Total stockholders' equity Current liabilities Total liabilities Beginning-of-Year Balances $45,000 $164,000 13,300 64,000 10,500 58,000 31,700 100,000 Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends Other Data $7,500 $3,900 7,000 33,600 5,500 27,400 1,800 11,800 500 4,500 (a) For each company, compute the following ratios. (Round all answers to 2 decimal places, e.g. 1.85 or 1.85%.) Target Wal-Mart Ratio Current ratio (1) (2) Accounts receivable turnover times times Average collection period days days (4) Inventory turnover times times (5) Days in inventory days days (6) Profit margin (7) Asset turnover times (8) Return on assets (9) Return on common stockholders' equity (10) Debt to assets ratio (11) Times interest earned times times (12) Free cash flow

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