solved I’m working on a accounting question and need support to

I’m working on a accounting question and need support to help me understand better.

QUESTION #2Here are the comparative income statements of Oriole Corporation.ORIOLE CORPORATIONComparative Income StatementFor the Years Ended December 3120222021Net sales$640,400$584,700Cost of goods sold463,600439,100Gross Profit176,800145,600Operating expenses79,10048,700Net income$ 97,700$ 96,900(a)Prepare a horizontal analysis of the income statement data for Oriole Corporation, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.)ORIOLE CORPORATIONComparative Income Statementchoose the accounting period For the Years Ended December 31For the Month Ended December 31December 31Increase or (Decrease) During 202220222021AmountPercentageNet sales$640,400$584,700$enter a dollar amount enter percentages rounded to 1 decimal place%Cost of goods sold463,600439,100enter a dollar amountenter percentages rounded to 1 decimal place%Gross Profit176,800145,600enter a dollar amountenter percentages rounded to 1 decimal place%Operating expenses79,10048,700enter a dollar amountenter percentages rounded to 1 decimal place%Net income$ 97,700$ 96,900$enter a dollar amount enter percentages rounded to 1 decimal place%(b)Prepare a vertical analysis of the income statement data for Oriole Corporation for both years. (Round percentages to 1 decimal place, e.g. 12.1%.)ORIOLE CORPORATIONCondensed Income Statementschoose the accounting period For the Years Ended December 31For the Month Ended December 31December 3120222021$Percent$PercentNet sales$640,400enter percentages rounded to 1 decimal place%$584,700enter percentages rounded to 1 decimal place%Cost of goods sold463,600enter percentages rounded to 1 decimal place%439,100enter percentages rounded to 1 decimal place%Gross Profit176,800enter percentages rounded to 1 decimal place%145,600enter percentages rounded to 1 decimal place%Operating expenses79,100enter percentages rounded to 1 decimal place%48,700enter percentages rounded to 1 decimal place%Net income$ 97,700enter percentages rounded to 1 decimal place%$ 96,900enter percentages rounded to 1 decimal place%done13 hours agoQUESTION #3Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions).TargetCorporationWal-MartStores, Inc.Income Statement Data for YearNet sales$66,100$411,000Cost of goods sold44,000302,000Selling and administrative expenses15,40081,000Interest expense6602,100Other income (expense)(70)(420)Income tax expense1,4007,300Net income$ 4,570$ 18,180Balance Sheet Data(End of Year)Current assets$17,000$49,000Noncurrent assets26,800120,000Total assets$43,800$169,000Current liabilities$12,000$54,000Long-term debt17,60045,000Total stockholders’ equity14,20070,000Total liabilities and stockholders’ equity$43,800$169,000Beginning-of-Year BalancesTotal assets$43,000$162,000Total stockholders’ equity14,40066,000Current liabilities10,60057,000Total liabilities28,60096,000Other DataAverage net accounts receivable$7,900$4,200Average inventory7,20033,700Net cash provided by operating activities5,80026,200Capital expenditures1,70012,400Dividends4603,600For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, e.g. 15.50, debt to assets ratio and free cash flow answers to 0 decimal places, e.g. 5,275 and all answers to 1 decimal place, e.g. 1.8 or 1.83%.)RatioTargetWal-Mart(1)Current ratioenter the current ratio:1enter the current ratio:1(2)Accounts receivable turnoverenter accounts receivable turnover in timestimesenter accounts receivable turnover in timestimes(3)Average collection periodenter average collection period in daysdaysenter average collection period in daysdays(4)Inventory turnoverenter inventory turnover in timestimesenter inventory turnover in timestimes(5)Days in inventoryenter days in inventory ratiodaysenter days in inventory ratiodays(6)Profit marginenter percentages%enter percentages%(7)Asset turnoverenter asset turnover in timestimesenter asset turnover in timestimes(8)Return on assetsenter percentages%enter percentages%(9)Return on common stockholders’ equityenter percentages%enter percentages%(10)Debt to assets ratioenter percentages%enter percentages%(11)Times interest earnedenter times interest earnedtimesenter times interest earnedtimes(12)Free cash flow$enter a dollar amount $enter a dollar amount