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Target Corporation Wal-Mart Stores, Inc. Income Statement Data for Year $66,400 $407,000 Net sales Cost of goods sold 306,000Beginning-of-Year Balances $43,000 $164,000 Total assets Total stockholders equity 14,300 66,000 Current liabilities 10,800For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, e.g. 15.50, debt to assetsSolutions in green are correct, the red ones are incorrect.

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Wal-Mart 18.2% Ratio 9 Return on Common stockholders Equity 12 Free Cash flow Target 18.1% 10,600 3,280 Working Notes: Retur

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