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Using the EDGAR database at SEC's website, download the Balance Sheet and Income Statement of Walmart, Inc. and Target, Corp., for 2010-2020. Part 1: Calculate

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Using the EDGAR database at SEC's website, download the Balance Sheet and Income Statement of Walmart, Inc. and Target, Corp., for 2010-2020. Part 1: Calculate Profit Margin, Total Asset Turnover, Equity Multiplier, and Return on Equity for each year and each company. Display your results in a summary table. Part 2: Calculate the average, maximum and minimum values of each financial ratio for each company. Display your results in a summary table. Part 3: Using DuPont Analysis, compare and explain the difference between the Return on Equity figures of these companies in 2020. In other words, evaluate the ROE figure and explain the difference through the areas of profitability, asset management, and use of leverage. Part 4: Prepare a graph displaying the value of Return on Equity over the years, for each company. Include a discussion on the trend. \begin{tabular}{|lllllllll|} \hline \multicolumn{10}{|c|}{ Net Income } & & Sales & & Total Assets & \multicolumn{1}{c|}{ Total Equity } \\ \hline 2010 & $ & 14,370 & $ & 405,046 & $ & 170,706 & $ & 72,929 \\ 2011 & $ & 16,389 & $ & 418,952 & $ & 180,782 & $ & 71,247 \\ 2012 & $ & 15,699 & $ & 443,854 & $ & 193,406 & $ & 75,761 \\ 2013 & $ & 16,999 & $ & 465,604 & $ & 203,105 & $ & 81,738 \\ 2014 & $ & 16,022 & $ & 473,076 & $ & 204,751 & $ & 81,339 \\ 2015 & $ & 16,363 & $ & 482,229 & $ & 203,490 & $ & 85,937 \\ 2016 & $ & 14,694 & $ & 478,614 & $ & 199,581 & $ & 83,611 \\ 2017 & $ & 13,643 & $ & 481,317 & $ & 198,825 & $ & 80,535 \\ 2018 & $ & 9,862 & $ & 495,761 & $ & 204,522 & $ & 80,822 \\ 2019 & $ & 6,670 & $ & 510,329 & $ & 219,295 & $ & 79,634 \\ 2020 & $ & 14,881 & $ & 519,926 & $ & 236,495 & $ & 81,552 \\ \hline \end{tabular} \begin{tabular}{|lllllllll|} \hline \multicolumn{8}{|c|}{ Target } \\ \hline & \multicolumn{1}{c}{ Net Income } & & Sales & \multicolumn{3}{c|}{ Total Assets } & Total Equity \\ \hline 2010 & $ & 2,488 & $ & 63,435 & $ & 44,533 & $ & 15,347 \\ 2011 & $ & 2,920 & $ & 65,786 & $ & 43,705 & $ & 15,487 \\ 2012 & $ & 2,929 & $ & 68,466 & $ & 46,630 & $ & 15,821 \\ 2013 & $ & 2,999 & $ & 71,960 & $ & 48,163 & $ & 16,558 \\ 2014 & $ & 1,971 & $ & 71,279 & $ & 44,553 & $ & 16,231 \\ 2015 & $ & (1,636) & $ & 72,618 & $ & 41,404 & $ & 13,997 \\ 2016 & $ & 3,363 & $ & 73,785 & $ & 40,262 & $ & 12,957 \\ 2017 & $ & 2,737 & $ & 69,495 & $ & 37,431 & $ & 10,953 \\ 2018 & $ & 2,914 & $ & 72,714 & $ & 40,303 & $ & 11,651 \\ 2019 & $ & 2,937 & $ & 75,356 & $ & 41,290 & $ & 11,297 \\ 2020 & $ & 3,281 & $ & 78,112 & $ & 42,779 & $ & 11,833 \\ \hline & & & & & & & \\ \hline \end{tabular} Using the EDGAR database at SEC's website, download the Balance Sheet and Income Statement of Walmart, Inc. and Target, Corp., for 2010-2020. Part 1: Calculate Profit Margin, Total Asset Turnover, Equity Multiplier, and Return on Equity for each year and each company. Display your results in a summary table. Part 2: Calculate the average, maximum and minimum values of each financial ratio for each company. Display your results in a summary table. Part 3: Using DuPont Analysis, compare and explain the difference between the Return on Equity figures of these companies in 2020. In other words, evaluate the ROE figure and explain the difference through the areas of profitability, asset management, and use of leverage. Part 4: Prepare a graph displaying the value of Return on Equity over the years, for each company. Include a discussion on the trend. \begin{tabular}{|lllllllll|} \hline \multicolumn{10}{|c|}{ Net Income } & & Sales & & Total Assets & \multicolumn{1}{c|}{ Total Equity } \\ \hline 2010 & $ & 14,370 & $ & 405,046 & $ & 170,706 & $ & 72,929 \\ 2011 & $ & 16,389 & $ & 418,952 & $ & 180,782 & $ & 71,247 \\ 2012 & $ & 15,699 & $ & 443,854 & $ & 193,406 & $ & 75,761 \\ 2013 & $ & 16,999 & $ & 465,604 & $ & 203,105 & $ & 81,738 \\ 2014 & $ & 16,022 & $ & 473,076 & $ & 204,751 & $ & 81,339 \\ 2015 & $ & 16,363 & $ & 482,229 & $ & 203,490 & $ & 85,937 \\ 2016 & $ & 14,694 & $ & 478,614 & $ & 199,581 & $ & 83,611 \\ 2017 & $ & 13,643 & $ & 481,317 & $ & 198,825 & $ & 80,535 \\ 2018 & $ & 9,862 & $ & 495,761 & $ & 204,522 & $ & 80,822 \\ 2019 & $ & 6,670 & $ & 510,329 & $ & 219,295 & $ & 79,634 \\ 2020 & $ & 14,881 & $ & 519,926 & $ & 236,495 & $ & 81,552 \\ \hline \end{tabular} \begin{tabular}{|lllllllll|} \hline \multicolumn{8}{|c|}{ Target } \\ \hline & \multicolumn{1}{c}{ Net Income } & & Sales & \multicolumn{3}{c|}{ Total Assets } & Total Equity \\ \hline 2010 & $ & 2,488 & $ & 63,435 & $ & 44,533 & $ & 15,347 \\ 2011 & $ & 2,920 & $ & 65,786 & $ & 43,705 & $ & 15,487 \\ 2012 & $ & 2,929 & $ & 68,466 & $ & 46,630 & $ & 15,821 \\ 2013 & $ & 2,999 & $ & 71,960 & $ & 48,163 & $ & 16,558 \\ 2014 & $ & 1,971 & $ & 71,279 & $ & 44,553 & $ & 16,231 \\ 2015 & $ & (1,636) & $ & 72,618 & $ & 41,404 & $ & 13,997 \\ 2016 & $ & 3,363 & $ & 73,785 & $ & 40,262 & $ & 12,957 \\ 2017 & $ & 2,737 & $ & 69,495 & $ & 37,431 & $ & 10,953 \\ 2018 & $ & 2,914 & $ & 72,714 & $ & 40,303 & $ & 11,651 \\ 2019 & $ & 2,937 & $ & 75,356 & $ & 41,290 & $ & 11,297 \\ 2020 & $ & 3,281 & $ & 78,112 & $ & 42,779 & $ & 11,833 \\ \hline & & & & & & & \\ \hline \end{tabular}

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