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Selected financial data of Target and Wal-Mart for a recent year are presented...

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Accounting

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Selected financial data of Target and Wal-Mart for a recent year are presented here (in millions) Target Corporation Income Statement Data for Year Wal-Mart Stores, Inc. Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income $61,471 41,895 16,200 647 1,896 1,776 $ 2,849 $374,526 286,515 70,847 1,798 4,273 6,908 $ 12,731 Balance Sheet Data (End of Year) Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity $18,906 25,654 $44,560 $11,782 17,471 15,307 $44,560 $47,585 115,929 $163,514 $58,454 40,452 64,608 $163,514

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