Target Wal-Mart (a) Working capital 6,600,0006800000 (b) Current ratio 1.58 88 :1 (c) Debt to assets ratio 25 33.33% (d) Free cash flow (e) Earnings per share $ (f) Which company has better liquidity? Target 4.07 Which company has better solvency? Wal-Mart Click if you would like to Show Work for this question Open Show Work Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2017 financial statements of each company Target (1/31/17) Wal-Mart (1/31/17) Income Statement Data for Year Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income Income taxes Net income $66,800 44,956 16,166 868 27 1,809 $3,028 $401,244 298,124 75,434 1,605 4,213 10,535 $ 19,759 Target Wal-Mart Current assets Noncurrent assets Total assets Current liabilities Long-term liabilities Total stockholders' equity Total liabilities and stockholders' equity Balance Sheet Data (End of Year) 49,800 120,000 $169,800 $ 56,600 44,100 69,100 $169,800 $17,900 27,300 $45,200 $11,300 19,400 14,500 $45,200 Net cash provided by operating activities Cash paid for capital expenditures Dividends declared and paid on common stock Weighted-average shares outstanding (millions) $4,400 $3,460 $500 790 $22,200 $11,200 $3,900 3,900 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).)