The following data (in millions) is taken from the financial statements of Target Corporation. a. For Target

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The following data (in millions) is taken from the financial statements of Target Corporation.

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a. For Target Corporation, comparing 2009 with 2008, determine the amount of change in millions and the percent of change for:1. Net sales (revenues)2. Total operating expensesb. What conclusions can you draw from your analysis of the net sales and the total operatingexpenses?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Financial and Managerial Accounting

ISBN: 978-0538480895

11th Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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