The purpose of the second part of the comprehensive project is to compute financial statement ratios. Based
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Question:
The purpose of the second part of the comprehensive project is to compute financial statement ratios. Based on the company you selected in Part I, complete the following:
Part 1 selected Company: "Target Corporation."
Based on formulas in your textbook, compute the following ratios for two years. You may use Excel to compute your ratios.
- Debt ratio
- Gross profit margin
- Free cash flow
- Times interest earned
- Accounts receivable turnover
- Inventory turnover
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