Question: In a recent annual report, Target (USA) reported beginning total assets of $37.3 billion; ending total assets of $44.6 billion; property and equipment (net) of

In a recent annual report, Target (USA) reported beginning total assets of $37.3 billion; ending total assets of $44.6 billion; property and equipment (net) of $24.1 billion; and net sales of $61.5 billion. Compute Target’s ratio.

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