- Selected Hypothetical Financial Data Of Target And Wal Mart For 2022 Are Presented Here In Millions Wal Mart Target C 1 (83.27 KiB) Viewed 55 times
Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Wal-Mart Target Corporation Stores, Inc. Income
Statement Data for Year Net sales $66.900 $417,000 Cost of goods sold 44,000 308,000 Selling and administrative expenses 14,400 79.000 Interest expense 750 1,800 Other income (expense) (95) Income tax expense Net income Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Total assets Total stockholders' equity Current liabilities Total liabilities Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Dividends 1,500 $ 6,155 (400) 6,600 $ 21,200 Balance Sheet Data (End of Year) $17,000 $45,000 26,800 120,000 $43,800 $165,000 $10,000 $56,000 17,300 44,000 16,500 65,000 $43,800 $165,000 Beginning-of-Year Balances $43,000 $165,000 13,400 64,000 10,000 56,000 29,600 101,000 $3,900 32,800 25.900 12,400 4,400 Other Data $7,500 7,200 5,500 1,800 450
For each
company, compute the following ratios. (Round current ratio answers to 2 decimal places, e.g. 15.50, debt to assets ratio and free cash flow answers to 0 decimal places, e.g. 5,275 and all answers to 1 decimal place, e.g. 1.8 or 1.83%.) Ratio Target Wal-Mart (1) Current ratio :1 :1 (2) Accounts receivable turnover times times (3) Average collection period days days (4) Inventory turnover times times (5) Days in inventory days days (6) Profit margin % % (7) Asset turnover times times (8) Return on assets % % (9) Return on common stockholders' equity % % (10) Debt to assets ratio % % (11) Times interest earned times times (12) Free cash flow tA