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 Total assets Total stockholders' equity Current liabilities Total liabilities Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Cash dividends paid 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Ratio Current ratio Accounts receivable turnover Average collection period Inventory turnover Days in inventory Profit margin Asset turnover Return on assets Debt to assets ratio Walmart Inc. Income Statement Data for Year $417,000 308,000 Times interest earned Target Corporation Return on common stockholders' equity Free cash flow $66,900 44,000 14,400 750 (95) (a) For each company, compute the following ratios. Assume all sales were on credit. (Round current ratio answers to 2 decimal places, e.g. 15.50. Round debt to assets ratio to O decimal places, e.g. 15%. Enter free cash flow answers in millions. Round all other answers to 1 decimal place, e.g. 1.8 or 1.83%. Use 365 days for calculations.) 1,500 $6,155 $17,000 26,800 $43,800 Balance Sheet Data (End of Year) $10,000 17,300 16,500 $43,800 10,000 29,600 $ Other Data $7,500 7,200 5,500 79,000 1,800 Beginning-of-Year Balances $43,000 $165,000 13,400 64,000 450 1,800 (400) 6,600 $21,200 $45,000 120,000 $165,000 $56,000 44,000 65,000 $165,000 56,000 101,000 $3,900 32,800 25,900 12,400 4,400 Target :1 times days times days % times % % % times $ Walmart :1 times days times days % times % % % times
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 Total assets Total stockholders' equity Current liabilities Total liabilities Average net accounts receivable Average inventory Net cash provided by operating activities Capital expenditures Cash dividends paid 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Ratio Current ratio Accounts receivable turnover Average collection period Inventory turnover Days in inventory Profit margin Asset turnover Return on assets Debt to assets ratio Walmart Inc. Income Statement Data for Year $417,000 308,000 Times interest earned Target Corporation Return on common stockholders' equity Free cash flow $66,900 44,000 14,400 750 (95) (a) For each company, compute the following ratios. Assume all sales were on credit. (Round current ratio answers to 2 decimal places, e.g. 15.50. Round debt to assets ratio to O decimal places, e.g. 15%. Enter free cash flow answers in millions. Round all other answers to 1 decimal place, e.g. 1.8 or 1.83%. Use 365 days for calculations.) 1,500 $6,155 $17,000 26,800 $43,800 Balance Sheet Data (End of Year) $10,000 17,300 16,500 $43,800 10,000 29,600 $ Other Data $7,500 7,200 5,500 79,000 1,800 Beginning-of-Year Balances $43,000 $165,000 13,400 64,000 450 1,800 (400) 6,600 $21,200 $45,000 120,000 $165,000 $56,000 44,000 65,000 $165,000 56,000 101,000 $3,900 32,800 25,900 12,400 4,400 Target :1 times days times days % times % % % times $ Walmart :1 times days times days % times % % % times
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:B
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
Total assets
Total stockholders' equity
Current liabilities
Total liabilities
Average net accounts receivable
Average inventory
Net cash provided by operating activities
Capital expenditures
Cash dividends paid
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
Ratio
Current ratio
Accounts receivable turnover
Average collection period
Inventory turnover
Days in inventory
Profit margin
Asset turnover
Return on assets
Debt to assets ratio
Walmart
Inc.
Income Statement Data for Year
Times interest earned
Target
Corporation
Return on common stockholders' equity
Free cash flow
$66,900
44,000
14,400
750
(95)
1,500
$6,155
$17,000
26,800
$43,800
Balance Sheet Data
(End of Year)
$10,000
17,300
16,500
$43,800
13,400
10,000
$
29,600
Other Data
$7,500
7,200
(a) For each company, compute the following ratios. Assume all sales were on credit. (Round current ratio answers to 2 decimal places, e.g.
15.50. Round debt to assets ratio to O decimal places, e.g. 15%. Enter free cash flow answers i milli
other answers to 1 decimal
place, e.g. 1.8 or 1.83%. Use 365 days for calculations.)
Round
5,500
$417,000
1,800
308,000
450
79,000
1,800
(400)
Beginning-of-Year Balances
$43,000
6,600
$21,200
$45,000
120.000
$165,000
$56,000
44,000
65,000
$165,000
$165,000
64,000
56,000
101,000
$3,900
32,800
25,900
12,400
4,400
Target
:1
times
days
times
days
%
times
%
%
%
times
$
Walmart
:1
times
days
times
days
%
times
%
do
%
%
times
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