Selected financial data of two competitors target and

Assignment Help Finance Basics
Reference no: EM13480815

Selected financial data of two competitors, Target and Wal-Mart, are presented here. (All dollars are in millions.)


Target

Wal-Mart


1/31/09)

(1/31/09)


Income Statement Data for Year

Net sales

$64,948

$401,244

Cost of goods sold

44,157

306,158

Selling and administrative expenses

16,389

76,651

Interest expense

894

2,103

Other income

28

4,213

Income taxes

1,322

7,145

Net income

$ 2,214

$ 13,400


Target

Wal-Mart


Balance Sheet Data (End of Year)

Current assets

$17,488

$ 48,949

Noncurrent assets

26,618

114,480

Total assets

$44,106

$163,429

Current liabilities

$10,512

$ 55,390

Long-term debt

19,882

42,754

Total stockholders" equity

13,712

65,285

Total liabilities and stockholders" equity

$44,106

$163,429

Cash from operating activities

$4,430

$23,147

Cash paid for capital expenditures

3,547

11,499

Dividends declared and paid on common stock

465

3,746

Average shares outstanding (millions)

774

3,951

Instructions

For each company, compute these values and ratios.

(a) Working capital.

(b) Current ratio.

(c) Debt to total assets ratio.

(d) Free cash flow.

(e) Earnings per share.

(f) Compare the liquidity and solvency of the two companies.

Reference no: EM13480815

Questions Cloud

The annotated bibliography prepares your research to be : this assignment asks you to collect sources that you will use to write your research essay. cite each source in a mla
Prepare an income statement a retained earnings statement : these items are taken from the financial statements of tilley inc.prepaid insurance 1400equipment31000salaries and
You are to write a major paper or essay - thesis or : you are to write a major paper or essay - thesis or critical argument critical analysis details quotes etc. -- of
The following items are from the 2009 balance sheet of : the following items are from the 2009 balance sheet of kellogg company. all dollars are in millions.common stock
Selected financial data of two competitors target and : selected financial data of two competitors target and wal-mart are presented here. all dollars are in
Based on the ratios calculated discuss briefly the : condensed balance sheet and income statement data for sievert corporation are presented here and on the next page.
Skinner industries from conway north carolina has found an : skinner industriesskinner industries from conway north carolina has found an exclusive market in supplementary
You are free to choose a topic that you find interesting : the washington mile essay assignmentdescriptionduring our stay in washington we saw and experienced a number of things
Compute each of the following ratios for both jds and mls : westfield capital management co.s equity investment strategy is to invest in companies with low price-to-book ratios

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd