Target (1/31/22) Wal-Mart (1/31/22) Income Statement Data for Year Net sales Cost of goods sold $77,000 $418,000 52,360 292,600 Selling and administrative expenses 20.020 75,240 Interest expense 1,540 4,180 Other income 20 4,000 Income taxes Net income 1,085 17,493 $2,015 $32,487 Current assets Noncurrent assets Target Wal-Mart Balance Sheet Data (End of Year) $14,440. $45,430 33,000 115,000 Target Wal-Mart Balance Sheet Data (End of Year) Current assets Noncurrent assets $14,440 $45,430 33,000 115,000 Total assets Current liabilities $47,440 $160,430 A $9,500 $59,000 Long-term liabilities 23,708 37,258 Total stockholders' equity 14.232 64,172 Total liabilities and stockholders' equity $47,440 $160,430 Net cash provided by operating activities Cash paid for capital expenditures Dividends declared and paid on common stock Weighted-average common shares outstanding (millions) $4,900 $24,900 $3,300 $12,100 $470 $3,400 650 5,460 For each company, compute these values and ratios. (All dollars are in millions.) (Round Current ratio and Earnings per share to 2 decimal places, eg. 15.25 and Debt to assets ratio to 1 decimal place, eg. 78.9%. If answer is negative enter it with a negative sign preceding the number es-15,000 or in parentheses eg. (15,000)) Target (a) Working capital $ 4940 (b) Current ratio 1.52 1 (c) Debt to assets ratio % Wal-Mart $ -13570 77 1 (d) Free cash flow $ $ (e) Earnings per share $ 31 $ 5.95 (f) Which company has better liquidity? Target Which company has better solvency? Wal-Mart