Question: Data: Use SEC EDGAR or another resource to obtain financial statements and notes for the following firms and fiscal year-ends. You can use their 10-K's

Data:Use SEC EDGAR or another resource to obtain financial statements and notes for the following firms and fiscal year-ends. You can use their 10-K's or annual reports.

Company Exchange: Ticker Fiscal year end

Wal-Mart NYSE: WMT January 31, 2018

Target NYSE: TGT February 3, 2018

Starbucks NASDAQ:SBUX September 30, 2018

Q1.According to the 10-K, how does Target generate revenues?

Q2.Calculate the current ratio, gross profit margin, total working capital, and quality of earnings ratio for Target and Wal-Mart for the fiscal years ended February 3, 2018 and January 31, 2018, respectively.

Target (February 3, 2018) Walmart (January 31, 2018)

  1. Current Ratio

(Current Assets/

Current Liabilities)

2 Gross Profit Margin

(Gross Profit/

Total Revenue

3..Total Working Capital

(Current assets minus current liabilities)

4. Quality of Earnings Ratio

(Cash flows from operations/

Net income)

Q3. Based on the amounts you calculated above, What is companies' financial positions, both stand-alone and relative to each other.

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