selected hypothetical financial data of of Tatget and Walmart for 2022 are presented here (in millions). Question 5 of 9<>Net salesCost of goods soldSelling and administrative expensesInterest expenseOther income (expense)Income tax expenseNet incomeCurrent assetsNoncurrent assetsTotal assetsCurrent liabilitiesLong-term debtTotal stockholders' equityTotal liabilities and stockholders' equityTotal assetsTotal stockholders' equityCurrent liabilitiesTotal liabilitiesAverage net accounts receivableAverage inventoryNet cash provided by operating activitiesCapital expendituresCash dividends paidWalmartTargetCorporationInc.Income Statement Data for Year$409,000303,00076,0002,100(400)6,700$65,90045,00015,100650(95)1,300$3,755$20,800Balance Sheet Data (End of Year)$49,000123,000$16,00025,700$41,700$11,00017,30013,400$41,700$172,000$56,00045,00071,000$172,000Beginning-of-Year Balances$163,000$45,00012,50010,00032,500Other Data$7,7007,2005,6001,70046066,00058,00097,000$3,80033,60026,20011,5003,900 (a)For each company, compute the following ratios. Assume all sales were on credit. (Round current ratio to 2 decimal places e.g. 1.85 andfree cash flow to O decimal places and all other answers to 1 decimal place, e.g. 1.8 or 1.8%.)(1)(2)(3)(4)(5)(6)(7)(8)(9)(10)(11)(12)RatioCurrent ratioAccounts receivable turnoverAverage collection periodInventory turnoverDays in inventoryProfit marginAsset turnoverReturn on assetsReturn on common stockholders' equityDebt to assets ratioTimes interest earnedFree cash flow69Target:1timesdaystimesdays%times%%%timesSAWalmart:1timesdaystimesdaystimes%%%times

Name: selected hypothetical financial data of of Tatget and Walmart for 2022
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: selected hypothetical financial data of of Tatget and Walmart for 2022 are presented here (in millions). Question 5 of 9<>Net salesCost of goods soldSelling and administrative expensesInterest expenseOther income (expense)Income tax expenseNet income