You are the accountant assigned to a new client who is interested in a new stock investment potential. The client has requested independent research on each new company. He has asked for a comparison of the Walmart and Target companies to determine which would be a stronger investment for the retail industry portion of his portfolio. You need to complete the following for him in a business case analysis report. e 30% for calculations and 70% for interpretation of results. Walmart v Target in Appendix provide pdf also.

1) Prepare common sized financial statements for Income Statement and Balance Sheet

In at least 250 words, compare and contrast the common sized financial statements for the companies to each other. Explain what they tell up about each company and in comparison to each other.

2) Compute the following ratios:

1) Return on assets

2) Return on equity

3) Net profit margin

4) Inventory turnover

5) Current ratio

6) Debt to equity ratio

Discuss what each ratio means for the individual company, as compared to their competitor, and as compared to the industry average.

Walmart 10K 2021

Target 10K 2021