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The following presents comparative information of Target and Walmart: Wal-Mart 3Q 2007 3Q 2008 3Q 2009 3Q 2010 3Q 2011 Current Ratio 0.844 0.872

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The following presents comparative information of Target and Walmart: Wal-Mart 3Q 2007 3Q 2008 3Q 2009 3Q 2010 3Q 2011 Current Ratio 0.844 0.872 0.878 0.871 0.880 Quick Ratio 0.133 0.151 0.165 0.219 0.176 Debt Ratio: 61.79% 60.95% 59.73% 63.60% 63.40% Target 3Q 2007 3Q 2008 3Q 2009 3Q 2010 3Q 2011 Current Ratio 1.352 1.500 1.580 1.556 1.299 Quick Ratio 0.571 0.661 0.636 0.584 0.462 Debt Ratio 62.67% 71.13% 67.44% 66.85% 68.49% Which of the following is correct? Walmart was more liquid but less solvent than Target. Walmart was less liquid but more solvent than Target. Target was more liquid and solvent than Walmart. Target was less liquid and solvent than Walmart.

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