Walmart Corporation is a national retail department store. The companys total revenues for the twelve months ended December 31, 2021, were $19 billion. Freshco is a larger department store company with $26.1 billion of revenues for the same period.

Ratio	Walmart	Freshco
Gross Profit Percentage	35.9%	39.1%
Net Profit Margin	1.7%	2.6%
Return on Equity	5.9%	16.8%
EPS	$3.27	$2.13
Inventory Turnover Ratio	2.69	2.64
Current Ratio	1.68	1.31
Debt-to-assets	0.64	0.82
P/E ratio	12.6	15.1

Required:

1. Which company appears more profitable? Describe the ratio(s) that you used to reach this decision.

2. Which company appears more liquid? Describe the ratio(s) that you used to reach this decision.

3. Which company appears more solvent? Describe the ratio(s) that you used to reach this decision.

4. Are the conclusions from your analyses in requirements 13 consistent with the value of the two companies, as suggested by their P/E ratios? If not, offer one explanation for any apparent inconsistency.