Suppose selected financial data of Target and Wal-Mart for 2019 are presented here (in millions).

Instructions
(a) For each company, compute the following ratios.
(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) Return on assets.
(9) Return on common stockholders' equity.
(10) Debt to assets ratio.
(11) Times interest earned.
(12) Free cash flow.
(b) Compare the liquidity, solvency, and profitability of the two companies.

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Target Wal-Mart Stores, Inc Income Statement Data for Year Corporation Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income S65,357 45,583 15,101 707 (94) 1,384 $2,488 $408,214 304,657 79,607 2,065 (411) 7,139 $14,335 Balance Sheet Data (End of Year) $18,424 26,109 $44,533 $ 48,331 Current assets Noncurent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity 122,375 $170,706 $11,327 17,859 15,347 $44,533 $55,561 44,089 71,056 $170,706 Beginning-of-Year Balances $163,429 65,682 Total assets Total stockholders' equity Current liabilities Total liabilities $44,106 13,712 10,512 30,394 55,390 97,747 Other Data Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditur Dividends 7,525 6,942 5,881 1,729 496 $4,025 33,836 26,249 12,184 4,217