Business
Business, 20.09.2019 22:00, hflores0001

Suppose selected financial data of target and wal-mart for 2017 are presented here (in millions). target corporation wal-mart stores, inc. income statement data for year net sales $64,900 $405,000 cost of goods sold 44,000 300,000 selling and administrative expenses 14,000 75,000 interest expense 650 1,800 other income (expense) (70 ) (380 ) income tax expense 1,300 6,500 net income $ 4,880 $ 21,320 balance sheet data (end of year) current assets $16,000 $45,000 noncurrent assets 25,000 120,000 total assets $41,000 $165,000 current liabilities $10,000 $54,000 long-term debt 16,800 43,000 total stockholders’ equity 14,200 68,000 total liabilities and stockholders’ equity $41,000 $165,000 beginning-of-year balances total assets $43,000 $162,000 total stockholders’ equity 12,500 64,000 current liabilities 10,000 54,000 total liabilities 30,500 98,000 other data average net accounts receivable $7,400 $3,800 average inventory 6,800 32,800 net cash provided by operating activities 5,500 25,500 capital expenditures 1,600 11,500 dividends 450 3,500 (a) for each company, compute the following ratios. (round all answers to 2 decimal places, e. g. 1.83 or 1.83%) for each company, compute the following ratios. (round all answers to 2 decimal places, e. g. 1.83 or 1.83%.)ratio targetwal-mart(1) current ratio enter a number: 1 enter a number: 1(2) accounts receivable turnover enter a numbertimes enter a numbertimes(3) average collection period enter a numberdays enter a numberdays(4) inventory turnover enter a numbertimes enter a numbertimes(5) days in inventory enter a numberdays enter a numberdays(6) profit margin enter percentages% enter percentages%(7) asset turnover enter a numbertimes enter a numbertimes(8) return on assets enter percentages% enter percentages%(9) return on common stockholders’ equity enter percentages% enter percentages%(10) debt to assets ratio enter percentages% enter percentages%(11) times interest earned enter a numbertimes enter a numbertimes(12) free cash flow

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Suppose selected financial data of target and wal-mart for 2017 are presented here (in millions). ta...

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