Question

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 WorkSelected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.) Suppose the data were taken from the 2017 financial statements of each company Target (1/31/17) Wal-Mart (1/31/17) Income Statement Data for Year Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income Income taxes Net income $66,800 44,956 16,166 868 27 1,809 $3,028 $401,244 298,124 75,434 1,605 4,213 10,535 $ 19,759 Target Wal-Mart Current assets Noncurrent assets Total assets Current liabilities Long-term liabilities Total stockholders equity Total liabilities and stockholders equity Balance Sheet Data (End of Year) 49,800 120,000 $169,800 $ 56,600 44,100 69,100 $169,800 $17,900 27,300 $45,200 $11,300 19,400 14,500 $45,200 Net cash provided by operating activities Cash paid for capital expenditures Dividends declared and paid on common stock Weighted-average shares outstanding (millions) $4,400 $3,460 $500 790 $22,200 $11,200 $3,900 3,900 For each company, compute these values and ratios. (All Dollars Are in Millions) (Round Current ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. If answer is negative enter it with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000).)

0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
Target Wal-Mart (a) Working capital 6,600,0006800000 (b) Current ratio 1.58 88 :1 (c) Debt to assets...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 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...

  • 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...

  • Target (1/31/22) Wal-Mart (1/31/22) Income Statement Data for Year Net sales $67,000 $410,000 Cost of goods...

    Target (1/31/22) Wal-Mart (1/31/22) Income Statement Data for Year Net sales $67,000 $410,000 Cost of goods sold 44,890 287,000 Selling and administrative expenses 16,080 77,900 Interest expense 670 3,280 Other income 20 4,000 Income taxes 1,883 16,037 Net income $ 3,497 $ 29,783 Target Wal-Mart Balance Sheet Data (End of Year) Current assets $21,160 $ 45,360 Noncurrent assets 27,000 111,000 Total assets $48,160 $156,360 Current liabilities $11,500 $ 56,000 Long-term liabilities 22,212 37,816 Total stockholders’ equity 14,448 62,544 Total liabilities...

  • 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...

  • 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 Current assets Noncurrent assets Total assets Current liabilities...

  •     * Problem 13-05A a Suppose selected financial data of Target and Wal-Mart for 2020 are...

        * Problem 13-05A a Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Stores, Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Wal-Mart Target Corporation Inc. Income Statement Data for Year $66,300 $411,000 44,000 305,000 14,300 77,000 660 1,900 (80) (420) 1,500 7,200 $5,760 $19,480 Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and...

  • Problem 13-05A a Suppose selected financial data of Target and Wal-Mart for 2020 are presented here...

    Problem 13-05A a Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Wal-Mart Target Stores, Corporation Inc. Income Statement Data for Year $66,700 $409,000 46,000 306,000 14,700 76,000 650 1,800 (95) (420) 1,400 7,200 $3,855 $17,580 Net income Current assets Noncurrent assets Total assets Balance Sheet Data (End of Year) $19,000 $48,000 25,600 120,000 $44,600 $168,000...

  • Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Net...

    Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Current assets Noncurrent assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year $65,357 $408,214 45,583 304,657 15,101 79,607 707 2,065 (94) (411) 1,384 7.139 $ 2,488 $ 14,335 Balance...

  • Problem 18-05A a Suppose selected financial data of Target and Wal-Mart for 2020 are presented here...

    Problem 18-05A a Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in millions). Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year Net sales $65,357 $408,214 Cost of goods sold 45,583 304,657 Selling and administrative expenses 15,101 79,607 Interest expense 707 2,065 Other income (expense) (94) (411) Income tax expense 1,384 7,139 Net income $ 2,488 $ 14,335 Balance Sheet Data (End of Year) Current assets $18,424 $48,331 Noncurrent assets 26,109 122,375 Total assets...

  • Problem 9-5 Your answer is partially correct. Suppose selected financial data of Target and Wal-Mart for...

    Problem 9-5 Your answer is partially correct. Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions). Net sales Cost of goods sold Selling and administrative expenses Interest expense Other Income (expense) Income tax expense Net income Wal-Mart Target Corporation Stores Inc. Income Statement Data for Year $66,900 $417,000 44,000 308,000 14,400 79,000 750 1,800 (95) (400) 1,500 6,600 $ 6,155 $ 21,200 Current assets Noncurrent assets Total assets Balance Sheet Data (End of Year)...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT