I need help with 9,10 and 12 for both sides. Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year Net sales $66,400 $414,000 Cost of goods sold 45,000 302,000 Selling and administrative expenses 15,500 81,000 Interest expense 650 1,900 Other income (expense) (80 ) (400 ) Income tax expense 1,400 7,300 Net income $ 3,770 $ 21,400 Balance Sheet Data (End of Year) Current assets $17,000 $47,000 Noncurrent assets 26,700 120,000 Total assets $43,700 $167,000 Current liabilities $11,000 $56,000 Long-term debt 16,800 45,000 Total stockholders’ equity 15,900 66,000 Total liabilities and stockholders’ equity $43,700 $167,000 Beginning-of-Year Balances Total assets $45,000 $164,000 Total stockholders’ equity 13,300 64,000 Current liabilities 10,500 58,000 Total liabilities 31,700 100,000 Other Data Average net accounts receivable $7,500 $3,900 Average inventory 7,000 33,600 Net cash provided by operating activities 5,500 27,400 Capital expenditures 1,800 11,800 Dividends 500 4,500 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 enter the current ratio :1 enter the current ratio :1 (2) Accounts receivable turnover enter accounts receivable turnover in times times enter accounts receivable turnover in times times (3) Average collection period enter average collection period in days days enter average collection period in days days (4) Inventory turnover enter inventory turnover in times times enter inventory turnover in times times (5) Days in inventory enter days in inventory ratio days enter days in inventory ratio days (6) Profit margin enter percentages % enter percentages % (7) Asset turnover enter asset turnover in times times enter asset turnover in times times (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 times interest earned times enter times interest earned times (12) Free cash flow $enter a dollar amount $enter a dollar amount

I need help with 9,10 and 12 for both sides. Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year Net sales $66,400 $414,000 Cost of goods sold 45,000 302,000 Selling and administrative expenses 15,500 81,000 Interest expense 650 1,900 Other income (expense) (80 ) (400 ) Income tax expense 1,400 7,300 Net income $ 3,770 $ 21,400 Balance Sheet Data (End of Year) Current assets $17,000 $47,000 Noncurrent assets 26,700 120,000 Total assets $43,700 $167,000 Current liabilities $11,000 $56,000 Long-term debt 16,800 45,000 Total stockholders’ equity 15,900 66,000 Total liabilities and stockholders’ equity $43,700 $167,000 Beginning-of-Year Balances Total assets $45,000 $164,000 Total stockholders’ equity 13,300 64,000 Current liabilities 10,500 58,000 Total liabilities 31,700 100,000 Other Data Average net accounts receivable $7,500 $3,900 Average inventory 7,000 33,600 Net cash provided by operating activities 5,500 27,400 Capital expenditures 1,800 11,800 Dividends 500 4,500 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 enter the current ratio :1 enter the current ratio :1 (2) Accounts receivable turnover enter accounts receivable turnover in times times enter accounts receivable turnover in times times (3) Average collection period enter average collection period in days days enter average collection period in days days (4) Inventory turnover enter inventory turnover in times times enter inventory turnover in times times (5) Days in inventory enter days in inventory ratio days enter days in inventory ratio days (6) Profit margin enter percentages % enter percentages % (7) Asset turnover enter asset turnover in times times enter asset turnover in times times (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 times interest earned times enter times interest earned times (12) Free cash flow $enter a dollar amount $enter a dollar amount

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter12: Corporate Valuation And Financial Planning

Section: Chapter Questions

Problem 7P: Upton Computers makes bulk purchases of small computers, stocks them in conveniently located...

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I need help with 9,10 and 12 for both sides.

Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions).

	Target Corporation		Wal-Mart Stores, Inc.
	Income Statement Data for Year
Net sales		$66,400		$414,000
Cost of goods sold		45,000		302,000
Selling and administrative expenses		15,500		81,000
Interest expense		650		1,900
Other income (expense)		(80	)	(400	)
Income tax expense		1,400		7,300
Net income		$ 3,770		$ 21,400

	Balance Sheet Data (End of Year)
Current assets		$17,000		$47,000
Noncurrent assets		26,700		120,000
Total assets		$43,700		$167,000
Current liabilities		$11,000		$56,000
Long-term debt		16,800		45,000
Total stockholders’ equity		15,900		66,000
Total liabilities and stockholders’ equity		$43,700		$167,000

	Beginning-of-Year Balances
Total assets		$45,000		$164,000
Total stockholders’ equity		13,300		64,000
Current liabilities		10,500		58,000
Total liabilities		31,700		100,000

	Other Data
Average net accounts receivable		$7,500		$3,900
Average inventory		7,000		33,600
Net cash provided by operating activities		5,500		27,400
Capital expenditures		1,800		11,800
Dividends		500		4,500

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	enter the current ratio	:1		enter the current ratio	:1
(2)	Accounts receivable turnover	enter accounts receivable turnover in times	times		enter accounts receivable turnover in times	times
(3)	Average collection period	enter average collection period in days	days		enter average collection period in days	days
(4)	Inventory turnover	enter inventory turnover in times	times		enter inventory turnover in times	times
(5)	Days in inventory	enter days in inventory ratio	days		enter days in inventory ratio	days
(6)	Profit margin	enter percentages	%		enter percentages	%
(7)	Asset turnover	enter asset turnover in times	times		enter asset turnover in times	times
(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 times interest earned	times		enter times interest earned	times
(12)	Free cash flow	$enter a dollar amount			$enter a dollar amount

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