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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			$66,900			$419,000
Cost of goods sold			45,000			309,000
Selling and administrative expenses			15,000			80,000
Interest expense			700			1,900
Other income (expense)			(80	)		(390	)
Income tax expense			1,500			6,700
Net income			$ 4,620			$ 21,010
		Balance Sheet Data (End of Year)
Current assets			$17,000			$45,000
Noncurrent assets			26,700			120,000
Total assets			$43,700			$165,000
Current liabilities			$11,000			$55,000
Long-term debt			18,200			45,000
Total stockholders equity			14,500			65,000
Total liabilities and stockholders equity			$43,700			$165,000
		Beginning-of-Year Balances
Total assets			$43,000			$165,000
Total stockholders equity			12,600			64,000
Current liabilities			10,000			58,000
Total liabilities			30,400			101,000
		Other Data
Average net accounts receivable			$7,700			$4,200
Average inventory			6,800			34,500
Net cash provided by operating activities			5,500			25,800
Capital expenditures			1,800			12,300
Dividends			490			4,200

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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