Obtain Target Corporation’s annual report for its 2018 fiscal year (year ended February 2, 2019) at http://investors.target.com using the instructions in Appendix B, and use it to answer the following questions:

a. What was Target’s debt-to-assets ratio for its fiscal year ended February 2, 2019 (2018) and 2017?

b. What was Target’s return-on-assets ratio for 2018 and 2017?

c. What was Target’s return-on-equity ratio for 2018 and 2017?

d. Why was Target’s return-on-equity ratio higher than its return-on-assets ratio for 2018 and 2017?