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Accounting

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Selected hypothetical financial data of Target and Walmart for 2022 are presented here (in millions) Target Walmart Corporation Inc Income Statement Data for Year $65,357 $408.214 Net sales 45,583 304,657 15.101 79,607 707 2,065 Cost of goods sold Selling and administrative expenses Interest expense Other income lexpense Income tax expense Net income (94) (412) 1,384 7.139 $2.488 $ 14,335 Balance Sheet Data (End of Year) Current assets $18.424 548,331 26.109 522.375 $44,533 $170,706 511327 $55,561 Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity 17.859 44,089 15.347 71056 $44,533 $170.706 Beginning-of-Year Balances Total assets $44.106 $163 429 Total stocicholders' equity 13,712 65,682 Current liabilities 10.512 55.390 Total liabilities 30,394 97.747 Other Data 57.525 $4,025 Average net accounts receivable Average inventory 6,942 33.836 Netcash provided by operating activities 5,881 26.249 1.729 12.184 Capital expenditures Cash dividends paid 496 4.217 Ratio Target Walmart (1) Current ratio 1 1 1 1 Accounts receivable turnover times times (2) (3) (4) Average collection period days days Inventory turnover times times (5) Days in inventory days days (6) Profit margin % X (7) Asset turnover times times (8) Return on assets * * (9) Return on common stockholders equity 90 (10) Debt to assets ratio 3 94 (11) Times interest earned times times (12) Free cash flow S million million

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