Request some assistance with the following problems.


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Request some assistance with the following problems. Chap 13 P13-5A.pdf *Problem 13-5A Suppose selected financial data of Target and Wal-Mart for 2014 are presented here (in millions). Target Corporation Net sales Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense Net income Wal-Mart Stores, Inc. Income Statement Data for Year $66,174 $409,347 15,228 76,034 44,868 307,718 690 2,051 (81 ) (393 ) 1,391 7,423 $ 3,916 $ 15,728 Balance Sheet Data (End of Year) Current assets $17,456 Total assets $44,683 $168,387 18,081 44,285 Noncurrent 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 Dividends $47,002 27,227 121,385 $11,156 $54,478 15,446 69,624 $44,683 $168,387 Beginning-of-Year Balances $44,762 $164,826 10,388 55,445 14,486 64,912 30,276 99,914 Other Data $7,702 $3,939 5,736 26,163 6,858 33,270 1,667 11,822 511 3,951 (a) For each company, compute the following ratios. (Round all answers to 2 decimal places, e.g. 1.83 or 12.61%.) (1) Current ratio. Target :1 Wal-Mart :1 (2) Accounts receivable turnover. times times (4) Inventory turnover. times times (3) (5) (6) (7) (8) (9) Average collection period. days Days in inventory. days Profit margin. % times Return on assets. times % Return on common stockholders’ equity. % % (10) Debt to assets ratio. % % (11) Times interest earned. % times (12) Current cash debt coverage. (14) Free cash flow. days % Asset turnover. (13) Cash debt coverage. days times times $ times times $ times Question Attempts: 0 of 3 used Copyright © 2000-2016 by John Wiley & Sons, Inc. or related companies. All rights reserved. Read more

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