Required
Use the Target Corporation’s annual report in Appendix B to answer the following questions:
a. What was Target’s debt to assets ratio for its fiscal-year ended February 1, 2014 (2013) and 2012?
b. What was Target’s return on assets ratio for 2013 and 2012?
c. What was Target’s return on equity ratio for 2013 and 2012?
d. Why was Target’s return on equity ratio higher than its return on assets ratio for 2013 and 2012?