Question: SEC Filing Term Report for Target For the most recent 10-K report for both Target and Kroger determine the following information and explain your reasoning

SEC Filing Term Report for Target

For the most recent 10-K report for both Target and Kroger determine the following information and explain your reasoning

Liquidity Measures:

2020

Working capital

Current ratio

Quick ratio

Accounts receivable turnover

Number of days sales in receivable

Inventory turnover

Number of days sales in inventory

Target

$631,000

1.031

0.4935

80.09

1807.77

7.36

48.91

Kroger

-$2,863 million

0.813

0.2076

77.67

4.64

14.48

24.92

Solvency Measures:

2020

Ratio of fixed assets to long-term liabilities

Ratio of liabilities to stockholders equity

Times interest earned

Target

1.82

1.22

1.02

Kroger

1.53

4.28

2.44

2021

Ratio of fixed assets to long-term liabilities

Ratio of liabilities to stockholders equity

Target

1.83

1.39

Kroger

1.52

4.10

5. Which company performed better financially? Support your answer. 6. Which company is financially healthier? Support your answer.

Please be specific with the answer! Thank you

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!