Question

1.

Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Target Corporation Wal-Mart(a) For each company, compute the following ratios. (Enter free cash flow in millions. Round Current ratio to 2 decimal place(11) Times interest earned 6.66 times 11.6 times (12) Free cash flow 1 3 658 million 9848 million

*****I only need to know #11 Times interest earned !!!

2.

Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Target Wal-Mart CorporationTotal liabilities 97,747 30,394 Other Data Average net accounts receivable Average inventory Net cash provided by operating a

3.

Here is the income statement for Myers, Inc. Myers, Inc. Income Statement For the Year Ended December 31, 2020 Sales revenue4.

Trayer Corporation has income from continuing operations of $270,000 for the year ended December 31, 2020. It also has the foNet Income / (Loss) Tother Comprehensive Income Unrealized Holding Gain on Available-for-Sale Securities Comprehensive Income

4 Homework Questions, Help !!!

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Answer #1

1. Times interest earned = Earnings before interest an tax / Interest Expense
Target Corporation = ($65357-45583-15101-94)/707 = 6.48

Walmart = ($408214-304657-79607-411)/2065 = 11.40

As per HOMEWORKLIB RULES we are supposed to answer only 1 question, i have answered 1, so kindly post other questions separately

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