Use the Target Corporation s annual report in Appendix B to
Use the Target Corporation’s annual report in Appendix B to answer the following questions:

a. What was the average interest rate on Target’s long-term debt in the fiscal-year ended January 29, 2011 (2010)?
b. Target has a “unsecured revolving credit facility,” (i.e., a line of credit). What is the total amount of credit available under this facility? How much of this total amount available had Target used as of January 29, 2011?
c. Target’s balance sheet shows a line titled “Other noncurrent liabilities.” What are the types of debt included in this category?

Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
Relevant Tutors available to help