Walmart Target Sales (Income Statement) 482,130 73,785 Cost of Goods Sold (Income Statement) 360,984 51,997 a. What is each company's accounts receivable days? The accounts receivable days for Walmart are The accounts receivable days for Target are b. What is each company's inventory turnover? Inventory turnover for Walmart is a. What is each company's accounts receivable days? b. What is each company's inventory turnover? c. Which company is managing its accounts receivable and inventory more efficiently? Accounts Receivable (Balance Sheet) Search 5,624 779 days. (Round to two decimal places.) days. (Round to two decimal places.) times. (Round to two decimal places.) times. (Round to two decimal places.) Inventory turnover for Target is c. Which company is managing its accounts receivable and inventory more efficiently? (Select the best answers from the drop-down menus.) is the company managing its accounts receivable more efficiently, and its inventory more efficiently. Time Remaining: 01:18:16 Inventory (Balance Sheet) 44.469 8,601 is the company managing Show work Next pa pas past
Walmart Target Sales (Income Statement) 482,130 73,785 Cost of Goods Sold (Income Statement) 360,984 51,997 a. What is each company's accounts receivable days? The accounts receivable days for Walmart are The accounts receivable days for Target are b. What is each company's inventory turnover? Inventory turnover for Walmart is a. What is each company's accounts receivable days? b. What is each company's inventory turnover? c. Which company is managing its accounts receivable and inventory more efficiently? Accounts Receivable (Balance Sheet) Search 5,624 779 days. (Round to two decimal places.) days. (Round to two decimal places.) times. (Round to two decimal places.) times. (Round to two decimal places.) Inventory turnover for Target is c. Which company is managing its accounts receivable and inventory more efficiently? (Select the best answers from the drop-down menus.) is the company managing its accounts receivable more efficiently, and its inventory more efficiently. Time Remaining: 01:18:16 Inventory (Balance Sheet) 44.469 8,601 is the company managing Show work Next pa pas past
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
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Transcribed Image Text:Walmart
Target
Sales
(Income Statement)
482,130
73,785
Cost of Goods Sold
(Income Statement)
360,984
51,997
a. What is each company's accounts receivable days?
b. What is each company's inventory turnover?
c. Which company is managing its accounts receivable and inventory more efficiently?
a. What is each company's accounts receivable days?
The accounts receivable days for Walmart are
The accounts receivable days for Target are
b. What is each company's inventory turnover?
Inventory turnover for Walmart is
Accounts Receivable
(Balance Sheet)
5,624
779
Search
days. (Round to two decimal places.)
days. (Round to two decimal places.)
times. (Round to two decimal places.)
Inventory turnover for Target is
times. (Round to two decimal places.)
c. Which company is managing its accounts receivable and inventory more efficiently? (Select the best answers from the
drop-down menus.)
is the company managing its accounts receivable more efficiently, and
its inventory more efficiently.
Time Remaining: 01:18:16
Inventory
(Balance Sheet)
44,469
8,601
is the company managing
Show work
Next
pa
pas
past
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