Homework Answers
a) Working capital= Current assets-Current liabilities
Target= $20160-12000= $8160
Wal-Mart= $47520-54000= $-6480
b) Current ratio= Current assets/Current liabilities
Target= $20160/12000= 1.68:1
Wal-Mart= $47520/54000= 0.88:1
c) Debt to assets ratio= Total liabilities/Total assets
Target= ($12000+21712)*100/48160= 70%
Wal-Mart= ($54000+55538)*100/168520= 65%
d) Free cash flow= Net cash provided by operating activities-Capital expenditures-Dividend
Target= $5000-3200-490= $1310
Wal-Mart= $23000-12200-3500= $7300
e) Earning per share= (Net income-Preferred dividend)/Weighted average common shares outstanding
Target= ($2041-0)/650= $3.14
Wal-Mart= ($15080-0)/2900= $5.20
f) Which company has better liquidity? Target company
Target company has better current ratio as compared to Wal-Mart that means Target company can pay off its current liabilities more easily than Wal-Mart comapny.
Which company has better solvency? Wal-Mart company
Wal-Mart company debt to assets ratio is less than the Target company that means Wal-Mart company has borrowed less than Target company.
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Net sales Cost of goods sold Selling and administrative expenses Interest expense Other Income Income taxes...
Question 2 of 2 < Net sales Cost of goods sold Selling and administrative expenses Interest...
Question 2 of 2 < Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income Income taxes Net income Target Wal-Mart (1/31/22) (1/31/22) Income Statement Data for Year $60,000 $404,000 39,000 282,800 14,400 68,680 600 2,020 20 4,000 2,107 19,075 $3.913 $ 35,425 Current assets Noncurrent assets Total assets Current liabilities Long-term liabilities Total stockholders' equity Total liabilities and stockholders' equity Target Wal-Mart Balance Sheet Data (End of Year) $13,500 $36,400 24,000 110,000 $37.500 $146,400 $9,000...
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Target Wal-Mart (a) Working capital 6,600,0006800000 (b) Current ratio 1.58 88 :1 (c) Debt to assets...
Target Wal-Mart (a) Working capital 6,600,0006800000 (b) Current ratio 1.58 88 :1 (c) Debt to assets ratio 25 33.33% (d) Free cash flow (e) Earnings per share $ (f) Which company has better liquidity? Target 4.07 Which company has better solvency? Wal-Mart Click if you would like to Show Work for this question Open Show Work Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the...
ted financial data of two competitors, Target and Wal-Mart, are presented he were taken from the...
ted financial data of two competitors, Target and Wal-Mart, are presented he were taken from the 2022 financial statements of each company. Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income Income taxes Net income Target Wal-Mart (1/31/22) (1/31/22) Income Statement Data for Year $69,000 $425,000 46,230 297,500 17,250 72,250 690 4,250 30 4,100 1,701 19,285 $ 3,159 $ 35,815 Current assets Noncurrent assets Total assets Current liabilities Long-term liabilities Total stockholders' equity Total liabilities...
serelleu lidl Illal Udd UI LWU LUunipeliLUIS, Idi gel dilu val dll, dle presenteurere. All Ullal...
serelleu lidl Illal Udd UI LWU LUunipeliLUIS, Idi gel dilu val dll, dle presenteurere. All Ullal s dle IUIIS.) Suppuse lile udld Wereldkeri UIT Lile 2022 financial statements of each company. Target (1/31/22) Wal-Mart (1/31/22) Income Statement Data for Year Net sales $64,000 $405,000 Cost of goods sold 41,600 291,600 Selling and administrative expenses 16,000 72,900 Interest expense 640 4,050 Other income 20 4,150 Income taxes 2,023 14,210 Net income $3,757 $ 26,390 Target Wal-Mart Balance Sheet Data (End of...
Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in...
Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2022 financial statements of each company. Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income Income taxes Net income Target Wal-Mart (1/31/22) (1/31/22) Income Statement Data for Year $64,000 $405,000 41,600 291,600 16,000 72,900 640 4,050 20 4,150 2,023 14,210 $ 3,757 $ 26,390 Target Wal-Mart Balance Sheet Data (End of...
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Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Long-term liabilities Net cash common by operating activities Capital expenditures Dividends paid on common stock Weighted-average common shares outstanding Novak Corp. 2022 $2,304,000 1,504.000 362.240 10,960 108,400 466,950 680,050 84.900 138,765 176,640 115,200 46,080 80,000 Martinez Corp. 2022 $793,600 435,200 125,440 4,880 46,080 198,720 178,720 43,200 51,160 46,080 25,600 19,200 50,000 Compute working capital and the current ratio for each...
Please explain answers in detail. Selected financial data of two competitors, Target and Wal-Mart, are presented...
Please explain answers in detail.
Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2022 financial statements of each company. Target (1/31/22) Wal-Mart (1/31/22) Income Statement Data for Year Net sales $69,000 $425,000 Cost of goods sold 46,230 297,500 Selling and administrative expenses 17,250 72,250 Interest expense 690 4,250 Other income 30 4,100 Income taxes 1,701 19,285 Net income $3,159 $ 35,815 Target Wal-Mart Balance...
i need help on question A and D Selected financial data of two competitors, Target and...
i need help on question A and D
Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2022 financial statements of each company. Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income Income taxes Net income Target Wal-Mart (1/31/22) (1/31/22) Income Statement Data for Year $64,000 $405,000 41,600 • 291,600 16,000 72.900 640 4,050 20 4,150 2,023 14,210 $3,757 $...
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Target Wal-Mart (a) Working capital 6,600,0006800000 (b) Current ratio 1.58 88 :1 (c) Debt to assets ratio 25 33.33% (d) Free cash flow (e) Earnings per share $ (f) Which company has better liquidity? Target 4.07 Which company has better solvency? Wal-Mart Click if you would like to Show Work for this question Open Show Work Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the...
ted financial data of two competitors, Target and Wal-Mart, are presented he were taken from the 2022 financial statements of each company. Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income Income taxes Net income Target Wal-Mart (1/31/22) (1/31/22) Income Statement Data for Year $69,000 $425,000 46,230 297,500 17,250 72,250 690 4,250 30 4,100 1,701 19,285 $ 3,159 $ 35,815 Current assets Noncurrent assets Total assets Current liabilities Long-term liabilities Total stockholders' equity Total liabilities...
serelleu lidl Illal Udd UI LWU LUunipeliLUIS, Idi gel dilu val dll, dle presenteurere. All Ullal s dle IUIIS.) Suppuse lile udld Wereldkeri UIT Lile 2022 financial statements of each company. Target (1/31/22) Wal-Mart (1/31/22) Income Statement Data for Year Net sales $64,000 $405,000 Cost of goods sold 41,600 291,600 Selling and administrative expenses 16,000 72,900 Interest expense 640 4,050 Other income 20 4,150 Income taxes 2,023 14,210 Net income $3,757 $ 26,390 Target Wal-Mart Balance Sheet Data (End of...
Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2022 financial statements of each company. Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income Income taxes Net income Target Wal-Mart (1/31/22) (1/31/22) Income Statement Data for Year $64,000 $405,000 41,600 291,600 16,000 72,900 640 4,050 20 4,150 2,023 14,210 $ 3,757 $ 26,390 Target Wal-Mart Balance Sheet Data (End of...
Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Long-term liabilities Net cash common by operating activities Capital expenditures Dividends paid on common stock Weighted-average common shares outstanding Novak Corp. 2022 $2,304,000 1,504.000 362.240 10,960 108,400 466,950 680,050 84.900 138,765 176,640 115,200 46,080 80,000 Martinez Corp. 2022 $793,600 435,200 125,440 4,880 46,080 198,720 178,720 43,200 51,160 46,080 25,600 19,200 50,000 Compute working capital and the current ratio for each...
Please explain answers in detail.
Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2022 financial statements of each company. Target (1/31/22) Wal-Mart (1/31/22) Income Statement Data for Year Net sales $69,000 $425,000 Cost of goods sold 46,230 297,500 Selling and administrative expenses 17,250 72,250 Interest expense 690 4,250 Other income 30 4,100 Income taxes 1,701 19,285 Net income $3,159 $ 35,815 Target Wal-Mart Balance...
i need help on question A and D
Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2022 financial statements of each company. Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income Income taxes Net income Target Wal-Mart (1/31/22) (1/31/22) Income Statement Data for Year $64,000 $405,000 41,600 • 291,600 16,000 72.900 640 4,050 20 4,150 2,023 14,210 $3,757 $...
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