The following data (in millions) were taken from the financial statements of Target Corporation a. For Target
Question:
The following data (in millions) were taken from the financial statements of Target Corporation
a. For Target Corporation, determine the amount of change in millions and the percent of change (round to one decimal place) from the prior year to the recent year for:
1. Revenue
2. Operating expenses
3. Operating income
b. What conclusions can you draw from your analysis of the revenue and the total operating expenses?
Transcribed Image Text:
Recent Year Prior Year Revenue $75,356 $72,714 Operating expenses Operating income 71,246 68,490 $ 4,224 $ 4,110
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a The amount of change in revenue from the prior year to the recent year is75356 million 72714 milli...View the full answer
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Related Book For
Financial Accounting
ISBN: 9781337913102
16th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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