Wal-Mart Target Income Statement Data for Year Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income $66,400 46,000 14,200 650 5410,000 308,000 78,000 2,200 390 7,100 S 14,310 (70) 1,400 5 4,080 Balance Sheet Data End of Year Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders equity $19,000 26,900 $45,900 $10,000 16,900 19,000 $45,900 $48,000 122,000 5170,000 $56,000 44,000 70,000 $170,000 Beginni Year Balances Total assets Total stockholders' equity Current liabilities Total liabilities $43,000 14,300 10,500 28,700 5162,000 65,000 55,000 97,000 Other Data $7,600 6,900 5,500 1,700 460 $3,900 32,900 26,600 12,400 3,900 Average net accounts receivable Average inventory Net cash provided by operating actvities Capital expenditures (a) For each company, compute the following ratios. (Round all answers to 2 decimal places, e.g. 1.83 or 1.83%.) Ratio Target Wal-Mart (1) Current ratio (2) Accounts receivable turnover (3) Average collection period (4) Inventory turnover (5) Days in inventory (6) Profit margin (7) Asset turnover (8) Returm on assets (9) Return on common stockholders' equity (10) Debt to assets ratio (11) Times interest earned (12) Free cash flow 8.7 times 105.13 times 41.7 times times times times times times