In terms of revenues, how many sources of revenue does Target have? Describe how they handle merchandise
Fantastic news! We've Found the answer you've been seeking!
Question:
- In terms of revenues, how many sources of revenue does Target have? Describe how they handle merchandise sales.
- Compute the current ratio for each of the last three years. Discuss if the current ratio improved, worsened, or held steady. Explain the significance of the changes and what the current ratio means.
financial highlights
Total RevenueIn Millions
| 2015 | $74,494 |
| 2016 | $70,271 |
| 2017 | $72,714 |
| 2018 | $75,356 |
| 2019 | $78,112 |
| 2020 | $93,561 |
2020 Growth: 19.8%Five-year CAGR: 4.7%
Operating IncomeIn Millions
| 2015 | $4,878 |
| 2016 | $4,864 |
| 2017 | $4,224 |
| 2018 | $4,110 |
| 2019 | $4,658 |
| 2020 | $6,539 |
2020 Growth: 40.4%Five-year CAGR: 6.0%
Net EarningsIn Millions
| 2015 | $3,321 |
| 2016 | $2,666 |
| 2017 | $2,908 |
| 2018 | $2,930 |
| 2019 | $3,269 |
| 2020 | $4,368 |
2020 Growth: 33.6%Five-year CAGR: 5.6%
Diluted EPS
| 2015 | $5.25 |
| 2016 | $4.58 |
| 2017 | $5.29 |
| 2018 | $5.50 |
| 2019 | $6.34 |
| 2020 | $8.64 |
2020 Growth: 36.3%Five-year CAGR: 10.5%
total 2020 sales: $92,400 million 26%
Beauty & Household Essentials 20%
Food & Beverage 20%
Home Furnishings & Décor 16%
Apparel & Accessories
Expert Answer:
1 In terms of revenues how many sources of revenue does Target have Describe how they handle merchandise sales They sell a wide variety of food and general merchandise from clothing to household goods ... View the full answer
Posted Date:
