Suppose selected financial data

Question

Suppose selected financial data of Target and Wal-Mart for 2014 are presented here (in millions).

		Target Corporation							Wal-Mart Stores, Inc.
		Income Statement Data for Year
Net sales		$65,058							$412,070
Cost of goods sold		44,493							300,265
Selling and administrative expenses		14,313							80,030
Interest expense		670							2,152
Other income (expense)		(88)							(395)
Income tax expense		1,470							7,329
Net income		$ 4,024							$ 21,899
		Balance Sheet Data (End of Year)
Current assets		$18,846						$48,777
Noncurrent assets		25,173						120,791
Total assets		$44,019						$169,568
Current liabilities		$10,432						$55,783
Long-term debt		17,183						44,562
Total stockholders' equity		16,404						69,223
Total liabilities and stockholders' equity		$44,019						$169,568
		Beginning-of-Year Balances
Total assets		$43,699					$164,440
Total stockholders' equity		14,470					65,233
Current liabilities		10,130					55,092
Total liabilities		29,229					99,207
		Other Data
Average net accounts receivable		$7,545					$3,954
Average inventory		6,834					34,287
Net cash provided by operating activities		5,765					26,622
Capital expenditures		1,799					11,751
Dividends		512					4,215

(a) For each company, compute the following ratios. (Round all answers to 2 decimal places, e.g. 1.83 or 12.61%.)

				Target			Wal-Mart
(1)		Current ratio.			:1			:1
(2)		Accounts receivable turnover.			times			times
(3)		Average collection period.			days			days
(4)		Inventory turnover.			times			times
(5)		Days in inventory.			days			days
(6)		Profit margin.			%			%
(7)		Asset turnover.			times			times
(8)		Return on assets.			%			%
(9)		Return on common stockholders' equity.			%			%
(10)		Debt to assets ratio.			%			%
(11)		Times interest earned.			times			times
(12)		Current cash debt coverage.			times			times
(13)		Cash debt coverage.			times			times
(14)		Free cash flow.		$			$