Selected hypothetical financial data of Targetand Wal-Mart for 2022 are presented here (in
millions).TargetCorporationWal-MartStores, Inc.Income Statement Data for YearNet sales$66,400$414,000Cost of goods sold45,000302,000Selling and administrative expenses15,50081,000Interest expense6501,900Other income (expense)(80)(400)Income tax expense1,4007,300Net income$ 3,770$ 21,400Balance Sheet Data(End of Year)Current assets$17,000$47,000Noncurrent assets26,700120,000Total assets$43,700$167,000Current liabilities$11,000$56,000Long-term debt16,80045,000Total stockholders’ equity15,90066,000Total liabilities and stockholders’ equity$43,700$167,000Beginning-of-Year BalancesTotal assets$45,000$164,000Total stockholders’ equity13,30064,000Current liabilities10,50058,000Total liabilities31,700100,000Other DataAverage net accounts receivable$7,500$3,900Average inventory7,00033,600Net cash provided by operating activities5,50027,400Capital expenditures1,80011,800Dividends5004,500For each company, compute the following ratios. (Round
current ratio answers to 2 decimal places,...