Selected hypothetical financial data of Target and Walmart for 2025 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 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 Return on common stockholders' equity Debt to assets ratio Times interest earned Walmart Inc. Income Statement Data for Year Free cash flow Target Corporation $66,800 46.000 $ 14,400 680 (90) 1,400 $4,230 $18,000 27,500 (a) For each company, compute the following ratios. Assume all sales were on credit. (Round current ratio answers to 2 decimal places, e.. $45,500 $11,000 Balance Sheet Data (End of Year) 16,800 13,500 10,500 29,500 $413,000 308,000 77,000 Other Data $7,700 6,800 5,600 1,800 1.800 (380) 6,900 450 $18,920 17,700 $45,500 $168,000 Beginning-of-Year Balances $43,000 $47,000 121,000 $168,000 $54,000 45,000 69,000 $162,000 64,000 54,000 98,000 $3,800 34,200 25,600 12,100 4,300 Target :1 times days times days % times % % % times $ Walmart :1 times days times days % times % % % times
Selected hypothetical financial data of Target and Walmart for 2025 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 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 Return on common stockholders' equity Debt to assets ratio Times interest earned Walmart Inc. Income Statement Data for Year Free cash flow Target Corporation $66,800 46.000 $ 14,400 680 (90) 1,400 $4,230 $18,000 27,500 (a) For each company, compute the following ratios. Assume all sales were on credit. (Round current ratio answers to 2 decimal places, e.. $45,500 $11,000 Balance Sheet Data (End of Year) 16,800 13,500 10,500 29,500 $413,000 308,000 77,000 Other Data $7,700 6,800 5,600 1,800 1.800 (380) 6,900 450 $18,920 17,700 $45,500 $168,000 Beginning-of-Year Balances $43,000 $47,000 121,000 $168,000 $54,000 45,000 69,000 $162,000 64,000 54,000 98,000 $3,800 34,200 25,600 12,100 4,300 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:Selected hypothetical financial data of Target and Walmart for 2025 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
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
Return on common stockholders'
equity
Debt to assets ration
Times interest earned
Target
Corporation
Free cash flow
Income Statement Data for Year
$66,800
46,000
$
14,400
680
(90)
1,400
$4,230
$18,000
27,500
$45,500
$11,000
Balance Sheet Data
(End of Year)
16,800
17,700
$45,500
(a) For each company, compute the following ratios. Assume all sales were on credit. (Round current ratio answers to 2 decimal places, e.g.
10,500
29,500
Other Data
$7.700
Walmart
Inc.
6,800
5,600
1.800
$413,000
308,000
77,000
450
Beginning-of-Year Balances
$43,000
13,500
1,800
(380)
6,900
$18,920
$47,000
121,000
$168,000
$54,000
45.000
69,000
$168,000
$162,000
64,000
54,000
98,000
$3,800
34.200
25,600
12,100
4,300
Target
:1
times
days
times
days.
%
times
%
%
%
times
$
Walmart
:1
times
days
times
days.
%
times
%
%
%
times
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