Calculating the accounts receivable turnover

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Question: Suppose selected financial data of Target and Wal-Mart for 2017 are presented here (in millions).

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Instructions: (a) For each company, compute the following ratios.

(1) Current ratio.

(2) Accounts receivable turnover.

(3) Average collection period.

(4) Inventory turnover.

(5) Days in inventory.

(6) Profit margin.

(7) Asset turnover.

(8) Return on assets.

(9) Return on common stockholders' equity.

(10) Debt to assets ratio.

(11) Times interest earned.

(12) Free cash flow.

Reference no: EM131837527

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