Target (1/31/22)		Wal-Mart (1/31/22)
		Income Statement Data for Year
Net sales		$67,000		$410,000
Cost of goods sold		44,890		287,000
Selling and administrative expenses		16,080		77,900
Interest expense		670		3,280
Other income		20		4,000
Income taxes		1,883		16,037
Net income		$ 3,497		$ 29,783

		Target		Wal-Mart
		Balance Sheet Data (End of Year)
Current assets		$21,160		$ 45,360
Noncurrent assets		27,000		111,000
Total assets		$48,160		$156,360
Current liabilities		$11,500		$ 56,000
Long-term liabilities		22,212		37,816
Total stockholders equity		14,448		62,544
Total liabilities and stockholders equity		$48,160		$156,360
Net cash provided by operating activities		$5,200		$23,400
Cash paid for capital expenditures		$3,700		$11,800
Dividends declared and paid on common stock		$450		$3,400
Weighted-average common shares outstanding (millions)		650		3,950

For each company, compute these values and ratios. (All dollars are in millions.) (Round Current ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. If answer is negative enter it with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000).)

				Target				Wal-Mart
(a)	Working capital		$	enter a dollar amount for working capital for Target			$	enter a dollar amount for working capital for Wal-Mart
(b)	Current ratio			enter the current ratio for Target rounded to 2 decimal places :1				enter the current ratio for Wal-Mart rounded to 2 decimal places	:1
(c)	Debt to assets ratio			enter debt for assets ratio for Target in percentages rounded to 1 decimal place %				enter debt for assets ratio for Wal-Mart in percentages rounded to 1 decimal place	%
(d)	Free cash flow		$	enter a dollar amount for free cash flow for Target			$	enter a dollar amount for free cash flow for Wal-Mart
(e)	Earnings per share		$	enter a dollar amount for earnings per share for Target rounded to 2 decimal place			$	enter a dollar amount for earnings per share for Wal-Mart rounded to 2 decimal place

(f)	Which company has better liquidity?		select between Target or Wal-Mart TargetWal-Mart
	Which company has better solvency?		select between Target or Wal-Mart TargetWal-Mart