Question
can you help find the answers thats highlighted in the red. i cant seem to get the correct answers
Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions). Target Wal-Mart Corporation
nouncements CALCULATOR Balance Sheet Data (End of Year) $48,000 122,000 $170,000 Current assets Noncurrent assets Total asset
Other Data $7,600 6,900 $3,900 32,900 Average net accounts receivable Average inventory Net cash provided by operating activi
(3) Average collection period 41.78 days 3.47 days (4) Inventory turnover 6.67 times 9.36 times Days in inventory 54.75 days
0 0
Add a comment Improve this question Transcribed image text
Answer #1
Sl. No. Particulars Formula Target Walmart
a. Return on Assets Net Income / Average Total Assets 9.18% 8.62%
b. Debt to Assets Ratio Total Debt / Total Assets 36.82% 25.88%
c. Free Cash flow Cash flow from Operations - Capital Expenditure $ 3,800.00 $ 14,200.00

Here In Average Assets, I had taken the average of total assets ie., an average of Opening and Closing Balances given.

Note: Please don't forget to hit like button if you are satisfied with the answer given, please post your comments or queries if any in the comments section below.

Thanking You in Advance.

Add a comment
Know the answer?
Add Answer to:
can you help find the answers thats highlighted in the red. i cant seem to get...
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
  • euucll.wipuu.com II U Kimmel, Accounting, 6e Help System Announcements Problem 13-5A Suppose selected financial data of...

    euucll.wipuu.com II U Kimmel, Accounting, 6e Help System Announcements Problem 13-5A Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions). Target Corporation Wal-Mart Stores, 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 $66,700 46,000 14,700 650 (95) 1,400 $ 3,855 $409,000 306,000 76,000 1,800 (420) 7,200 $ 17,580 Current assets Noncurrent assets Total assets Current liabilities Long-term...

  • 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...

  •     * 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...

  • Hypothetical Financial Data

    Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions).TargetCorporationWal-MartStores, Inc.Income Statement Data for YearNet sales$66,700$409,000Cost of goods sold46,000306,000Selling and administrative expenses14,70076,000Interest expense6501,800Other income (expense)(95)(420)Income tax expense1,4007,200Net income$ 3,855$ 17,580Balance Sheet Data(End of Year)Current assets$19,000$48,000Noncurrent assets25,600120,000Total assets$44,600$168,000Current liabilities$10,000$55,000Long-term debt18,20044,000Total stockholders’ equity16,40069,000Total liabilities and stockholders’ equity$44,600$168,000Beginning-of-Year BalancesTotal assets$43,000$162,000Total stockholders’ equity13,50066,000Current liabilities10,50055,000Total liabilities29,50096,000Other DataAverage net accounts receivable$7,800$3,900Average inventory7,00033,700Net cash provided by operating activities5,60026,800Capital expenditures1,80012,400Dividends4604,500For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, e.g. 15.50, debt to assets ratio...

  • Is due by tonight at midnight please help. Target Corporation Wal-Mart Stores, Inc. Income Statement Data...

    Is due by tonight at midnight please help. Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year Net sales $67,000 $410,000 Cost of goods sold 302,000 Selling and administrative expenses 44,000 14,300 700 81,000 Interest expense 2,000 Other income (expense) (85) (390) Income tax expense 1,400 7,000 Net income $6,515 $ 17,610 Balance Sheet Data (End of Year) Current assets $17,000 $49,000 Noncurrent assets 27,500 122,000 Total assets $44,500 $171,000 Current liabilities $10,000 $55,000 44,000 Long-term debt 18,200 Total...

  • Help I System Announcements Problem 13-5A Suppose selected financial data of Target and Wal-Mart for 2017...

    Help I System Announcements Problem 13-5A Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions). Target Corporation Wal-Mart CTAR Inc. Income Statement Data for Year $66,900 45,000 15,000 700 $419,000 309,000 80,000 1,900 Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income (80) (390) 1,500 6,700 $4,620 21,010 Balance Sheet Data (End of Year) Current assets Noncurrent assets Total assets Current liabilities Long-term...

  • Selected financial data of Target Corporation and Wal-Mart Stores, Inc. for a recent year are presented...

    Selected financial data of Target Corporation and Wal-Mart Stores, Inc. for a recent year are presented here (in millions). Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year Net sales $61,471 $374,526 Cost of goods sold 41,895 286,515 Selling and administrative expenses 16,200 70,847 Interest expense 647 1,798 Other income (expense) 1,896 4,273 Income tax expense 1,776 6,908 Net income $ 2,849 $ 12,731 Balance Sheet Data (End of Year) Current assets $18,906 $ 47,585 Noncurrent assets 25,654 115,929...

  • Solutions in green are correct, the red ones are incorrect. Target Corporation Wal-Mart Stores, Inc. Income...

    Solutions in green are correct, the red ones are incorrect. Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year $66,400 $407,000 Net sales Cost of goods sold 306,000 46,000 Selling and administrative expenses 15,500 79,000 Interest expense 1,800 670 Other income (expense) (85) (390) Income tax expense 7,500 1,300 $2,845 12,310 Net income Balance Sheet Data (End of Year) $19,000 $47,000 Current assets Noncurrent assets 27,300 123,000 $46,300 $170,000 Total assets Current liabilities $11,000 $56,000 Long-term debt 18,100 45,000...

  • 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)...

  • Problem 18-05A b (Essay) Suppose selected financial data of Target and Wal-Mart for 2020 are presented...

    Problem 18-05A b (Essay) 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 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 Net income Current assets Noncurrent assets Total assets Balance Sheet Data (End of Year) $18,424 $48,331 26,109...

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
Active Questions
ADVERTISEMENT