estion 2 0.75 Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year $66.700 $418,000 45,000 309,000 15,200 78,000 740 1,900 (95) (420) 1.400 6,700 $4,265 $ 21,980 Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders'equity Total liabilities and stockholders' equity Balance Sheet Data (End of Year) $18.000 $45,000 25,600 120,000 $43.600 $165,000 $11,000 $56,000 17200 44,000 15.400 65,000 $43,600 $165,000 Total assets Total stockholders' equity Current liabilities Total liabilities Beginning of Year Balances $45,000 $163.000 13.400 65,000 10.600 58.000 31,600 98,000 Lother Data Average net accounts receivable Average inventory Net cash provided by operating activities Capital experiditures Dividends $7,500 7,000 5,800 1,700 450 $3.900 32,800 26,900 11,800 4.400 Ratio Target Wal-Mart (1) 164 1 0.80 Current ratio (2) 8.89 107.18 times times Accounts receivable tumover 3.41 (3) 4106 days days Average collection period 643 times 942 Inventory turnover times (5) 56.77 38.75 days days Days in inventory % (6) 6.39 5.26 Profit margin times 151 2.55 (77 times Asset turnover % 9.78 1332 (8) % 19 2769 X 3382 Return on assets Return on cominon stockholders equity Debt to assets ratio (10) 04.60 60 61 Times interest earned 2.87 times 704 times (12) Free cash flow $