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
Please be specific with the answer! Thank you
Which company performed better financially? Support your answer.
Which company is financially healthier? Support your answer.
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. Target company performed financially healthier compared with Kroger company, because, Kroger company's liabilities are higher than stockholders' equity.
6. Target company performed financially healthier compared with Kroger company, because, Kroger company's liabilities are higher than stockholders' equity.
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