Average net accounts receivableAverage inventoryNet cash provided by operating activitiesCapital expendituresCash dividends paid(1)(2)(3) Average collection period(4)Inventory turnover(5)Days in inventory(6)Profit margin(7)Asset turnover(8)Return on assetsReturn on common stockholders' equityDebt to assets ratioTimes interest earnedFree cash flow(9)(10)(11)(12)Ratio(b)Current ratioAccounts receivable turnoverBIUT, T I EOther Data!!!!$7,5256,9425,8811,729496Target1.638.642.06.655.33.81.55.617.1666.5$3,656:1timesdaystimesdays%times%%%Compare the liquidity, solvency, and profitability of the two companies.times플$4,02533,83626,24912,1844,217Wal-Mart0.87 :1timesdays9.0 times101.43.640.63.52.421.08.6 %58days%11.4$9,848times%%times9用áया पान |O Word(s) Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions).TargetCorporationNet 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 liabilitiesWalmartInc.Income Statement Data for Year$65,357$408,21445,583304,65779,6077072,065(94)(411)1,3847,139$ 2,488$ 14,335Balance Sheet Data (End of Year)$18,424$48,331122,375$170,706$55,56144,08971,056$170,70615,10126,109$44,533$11,32717,85915,347$44,533Beginning-of-Year Balances$44,106$163,42965,68255,39097,74713,71210,51230,394Other Data

when compared in the two companies regarding its liquidity solvancy and profitability position ,…

Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Cash dividends paid (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (b) Ratio Current ratio Accounts receivable turnover Average collection period Inventory turnover Days in inventory Profit margin Asset turnover Return on assets Return on common stockholders' equity Debt to assets ratio Times interest earned Free cash flow Other Data $7,525 6,942 5,881 1,729 496 Target 1.63 8.6 42.0 6.6 55.3 3.8 1.5 5.6 17.1 66 6.5 $3,656 :1 times days times BIUT, T'I EE J JE days % times 2 % times Compare the liquidity, solvency, and profitability of the two companies. $4,025 33,836 26,249 12,184 4,217 Wal-Mart 0.87 :1 101.4 times 3.6 days 9.0 times 40.6 days 3.5 % 2.4 times 8.6 % 21.0 % 58 11.4 $9,848 times 11 用 T Wor

Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Cash dividends paid (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (b) Ratio Current ratio Accounts receivable turnover Average collection period Inventory turnover Days in inventory Profit margin Asset turnover Return on assets Return on common stockholders' equity Debt to assets ratio Times interest earned Free cash flow Other Data $7,525 6,942 5,881 1,729 496 Target 1.63 8.6 42.0 6.6 55.3 3.8 1.5 5.6 17.1 66 6.5 $3,656 :1 times days times BIUT, T'I EE J JE days % times 2 % times Compare the liquidity, solvency, and profitability of the two companies. $4,025 33,836 26,249 12,184 4,217 Wal-Mart 0.87 :1 101.4 times 3.6 days 9.0 times 40.6 days 3.5 % 2.4 times 8.6 % 21.0 % 58 11.4 $9,848 times 11 用 T Wor

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter9: Long-term Liabilities

Section: Chapter Questions

Problem 89E: Ratio Analysis Rising Stars Academy provided the following information on its 2019 balance sheet and...

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