Total liabilitiesAverage net accounts receivableAverage inventoryNet cash provided by operating activitiesCapital expendituresCash dividends paid(1)(2)(3)(4)(5)(6)(7)Current ratioRatioAccounts receivable turnover(a)For each company, compute the following ratios. Assume that all sales were on credit and that there is no preferred stock. (Enter freecash flow in millions. Round Current ratio to 2 decimal places, e.g. 1.67. Round Debt to assets ratio to 0 decimal places, e.g.18 or 18%. Round all other answers to 1 decimal place, e.g. 1.6, or 1.6%. Use 365 days for calculation.)Average collection periodInventory turnoverDays in inventoryProfit margin30,394Asset turnoverOther Data$7,5256,9425,8811,72949697,747Target$4,02533,83626,24912,1844,217:1timesdaystimesdays%timesWalmart:1timesdaystimesdays%times Net salesCost of goods soldSelling and administrative expensesInterest expenseOther income (expense)Income tax expenseNet incomeCurrent assetsNoncurrent assetsTotal assetsCurrent liabilitiesLong-term debtTotal stockholders' equityTotal liabilities and stockholders' equityTotal assetsTotal stockholders' equityCurrent liabilitiesTargetCorporationIncome Statement Data for Year$65,35745,58315,101707(94)1,384$ 2,488$18,42426,109Balance Sheet Data (End ofYear)$44,533$11,32717,85915,347WalmartInc.$44,533$408,214304,65779,60710,5122,065(411)7,139$ 14,335$48,331122,375$170,706$55,56144,08971,056$170,706Beginning-of-Year Balances$44,10613,712$163,42965,68255,390

Answered: (1) (2) (3) Current ratio Ratio…

(1) (2) (3) Current ratio Ratio Accounts receivable turnover Average collection period Target :1 times days Walmart :1 times days

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter14: Financial Statement Analysis

Section: Chapter Questions

Problem 26E: Comprehensive income Anson Industries, Inc., reported the following information on its 20Y1 income...

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