Suppose selected financial data of Target and Wal-Mart for 2020 are presented here (in
millions).TargetCorporationWal-MartStores, Inc.Income Statement Data for YearNet sales$65,357$408,214Cost of goods sold45,583304,657Selling and administrative expenses15,10179,607Interest expense7072,065Other income (expense)(94)(411)Income tax expense1,3847,139Net income$ 2,488$ 14,335Balance Sheet Data (End of Year)Current assets$18,424$48,331Noncurrent assets26,109122,375Total assets$44,533$170,706Current liabilities$11,327$55,561Long-term debt17,85944,089Total stockholders’ equity15,34771,056Total liabilities and stockholders’ equity$44,533$170,706Beginning-of-Year BalancesTotal assets$44,106$163,429Total stockholders’ equity13,71265,682Current liabilities10,51255,390Total liabilities30,39497,747Other DataAverage net accounts receivable$7,525$4,025Average inventory6,94233,836Net cash provided by operating activities5,88126,249Capital expenditures1,72912,184Dividends4964,217(a)For each company, compute the following ratios. (Enter
free cash flow in millions. Round...