Suppose selected financial data of Target and Wal-Mart for 2014 are presented here (in millions)....
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Suppose selected financial data of Target and Wal-Mart for 2014 are presented here (in millions).
Problem 13-5A Suppose selected financial data of Target and Wal-Mart for 2014 are presented here (in millions) Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income $65,719 44,343 14,726 690 $407,974 304,513 76,609 2,126 (94 ) (383) 1,409 $4,457 6,881 $17,462 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 $17,809 26,378 $44,187 $11,712 17,966 14,509 $44,187 $46,545 120,214 $166,759 $54,445 43,715 68,599 $166,759
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