Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) $65,600 45,000 14,300 720 $418,000 310,000 75,000 2,200 (380) 6,900 $ 23,520 Income tax expense (90) 1,400 $ 4,090 Net income 1 Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and cocholarconi Balance Sheet Data (End of Year) $18,000 $47.000 26,100 121,000 $44,100 $168,000 $10,000 $55,000 18,300 43,000 15,800 70,000 111n 1600 a Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends Other Data $7,900 $4,100 7,100 34,100 5,700 25,900 1,600 11,500 520 4,200 For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, eg. 15.50, debt to as cash flow answers to 0 decimal places, eg. 5,275 and all answers to 1 decimal place, eg. 1.8 or 1.83%.) Ratio Target Wal-Ma 1.8 :1 (1) Current ratio 8.3 times 10 (2) Accounts receivable turnover 43.97 days (3) Average collection period 6.3 times (4) Inventory turnover days (5) Days in inventory ? 2) Accounts receivable turnover 8.3 times 101.95 time (3) Average collection period 43.97 days 3.58 day (4) Inventory turnover 6.3 times 9.09 time (5) Days in inventory days day (6) Profit margin % % (7) time times Asset turnover % % (8) Return on assets % % (9) Return on common stockholders' equity % % (10) Debt to assets ratio time times (11) Times interest earned $ $ (12) Free cash flow