Answer the following financial ratios:

Days inventory held

Days payable outstanding

Cash conversion cycle

Accounts receivable turnover

Payables turnover

Fixed asset turnover

Total asset turnover

Debt ratio

Long-term debt to total capitalization

Debt to equity

Financial leverage (FL)

Times interest earned

Cash interest coverage

Fixed charge coverage

Cash flow adequacy

Earnings per share

Price-to-earnings

Dividend payout

Dividend yield

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TARGET CORPORATION CONSOLIDATED STATEMENTS OF FINANCIAL POSITION [ACTUAL CASE DATA: S in Millions] ASSETS February February 2, 2008 3, 2007 Current Assets: Cash and cash equivalents 2,450 813 Short-term investments Total cash and short-term investments 2.450 813 Accounts receivable, net 8,054 6,194 Inventories, net 6.780 6.254 Current deferred taxes 556 427 Other current assets Total current assets 1.066 1.018 18,906 14,706 Property, plant, and equipment 31.982 28,381 Less: accumulated depreciation (7,887) (6,950) Net property, plant, and equipment 24.095 21,431 Long-term investments Goodwill, net Other intangibles, net 60 60 148 152 Other deferred taxes Other assets Total assets LIABILITIES Current Liabilities: - 1.351 1,000 44,560 37,349 Accounts payable 6.721 6.575 Short-term debt Current portion of long-term debt 1.964 1,362 Accrued liabilities 3,097 3,180 Income taxes payable Other current liabilities Total current liabilities 11,782 11,117 Long-term debt 15,126 8,675 Deferred income taxes payable 470 577 Other deferred liabilities - Other liabilities Total liabilities 1,875 1,347 29.253 21,716 Minority interest STOCKHOLDERS' EQUITY Preferred stock Common stock, par value plus additional paid-in capital 2.724 2,459 Retained earnings (accumulated deficit) 12,761 13,417 Treasury stock Accumulated other comprehensive income (loss) (178) (243) Other stockholders' equity Total stockholders' equity 15,307 15.633 Total liabilities and stockholders' equity 44,560 37,349 TARGET CORPORATION CONSOLIDATED STATEMENTS OF FINANCIAL POSITION [ACTUAL CASE DATA: S in Millions] ASSETS February February 2, 2008 3, 2007 Current Assets: Cash and cash equivalents 2,450 813 Short-term investments Total cash and short-term investments 2.450 813 Accounts receivable, net 8,054 6,194 Inventories, net 6.780 6.254 Current deferred taxes 556 427 Other current assets Total current assets 1.066 1.018 18,906 14,706 Property, plant, and equipment 31.982 28,381 Less: accumulated depreciation (7,887) (6,950) Net property, plant, and equipment 24.095 21,431 Long-term investments Goodwill, net Other intangibles, net 60 60 148 152 Other deferred taxes Other assets Total assets LIABILITIES Current Liabilities: - 1.351 1,000 44,560 37,349 Accounts payable 6.721 6.575 Short-term debt Current portion of long-term debt 1.964 1,362 Accrued liabilities 3,097 3,180 Income taxes payable Other current liabilities Total current liabilities 11,782 11,117 Long-term debt 15,126 8,675 Deferred income taxes payable 470 577 Other deferred liabilities - Other liabilities Total liabilities 1,875 1,347 29.253 21,716 Minority interest STOCKHOLDERS' EQUITY Preferred stock Common stock, par value plus additional paid-in capital 2.724 2,459 Retained earnings (accumulated deficit) 12,761 13,417 Treasury stock Accumulated other comprehensive income (loss) (178) (243) Other stockholders' equity Total stockholders' equity 15,307 15.633 Total liabilities and stockholders' equity 44,560 37,349