a. What is each company's accounts receivable days? b. What is each company's inventory turnover? c. Which company is managing its accounts receivable and inventory more efficiently? a. What is each company's accounts receivable days? The accounts receivable days for Wal-Mart are nothing days. (Round to two decimal places.) The accounts receivable days for Target are nothing days. (Round to two decimal places.) b. What is each company's inventory turnover? Inventory turnover for Wal-Mart is nothing times. (Round to two decimal places.) Inventory turnover for Target is nothing times. (Round to two decimal places.) c. Which company is managing its accounts receivable and inventory more efficiently? (Select the best answers from the drop-down menus.) ▼ Wal-Mart Target is the company managing its accounts receivable more efficiently. ▼ Target Wal-Mart is the company managing its inventory more efficiently.

Walmart Accounts Receivable Days = 5,587/482,546 * 365

= 4.23 days

Target Accounts Receivable Days = 832/73,481 * 365

= 4.13 days

Walmart Inventory Turnover = 360,628/45,362

= 7.95

Target Inventory Turnover = 52,560/8,549

= 6.15

c. With Accounts Receivable, the company with the lower Receivable Days is managing Accounts Receivables well because they are getting paid earlier.

Target has a lower Accounts Receivable Days so Target is the company managing its accounts receivable more efficiently.

A higher Inventory Turnover ratio means that a company is managing inventory better as they are selling and replacing inventory faster.

Walmart has a higher Inventory Turnover ratio so Wal-Mart is the company managing its inventory more efficiently.

answer; private store;

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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