Question: Selected account information in millions from Target Corporation s 2011

Selected account information (in $ millions) from
Target Corporation's 2011 annual report follows. While the company has authorized the issuance of 5 million shares of preferred stock, none have been issued.


Required
a. Calculate Target Corporation's return on assets for 2011.
b. Calculate Target Corporation's return on common stockholders' equity for 2011.
c. Is Target Corporation's financial leverage positive or negative? How do youknow?


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  • CreatedFebruary 21, 2014
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