Question: Using EDGAR (Electronic Data Gathering. Analysis, and Retrieval system), find the annual report (10-K) for Target Corporation for the year ended February 1, 2020. Locate
Using EDGAR (Electronic Data Gathering. Analysis, and Retrieval system), find the annual report (10-K) for Target Corporation for the year ended February 1, 2020. Locate the "Consolldated Statements of Financial Position" (balance sheet). You may also find the annual report at the company's website. Required: 1. What amount does the company report for current llabilities in the most recent year? 2. What amount does the company report for current assets in the most recent year? 3o. Calculate the current ratio? 3b. Using 11 as the industry average, is Target more or less liquid than its industry peers? 4. What amount does the company report as a current llability associated with gift cards, net of estimated breakage? (Hint See Note 13). 5. The company owes for "debt and other borrowings, "What amount is due to be paid back within the next 12 months? (Enter your answers in millions, for exomple, 15,500,000,000 should be entered as 15,500. Round the current rotio to 2 decimal places.) Using EDGAR (Electronic Data Gathering. Analysis, and Retrieval system), find the annual report (10-K) for Target Corporation for the year ended February 1, 2020. Locate the "Consolldated Statements of Financial Position" (balance sheet). You may also find the annual report at the company's website. Required: 1. What amount does the company report for current llabilities in the most recent year? 2. What amount does the company report for current assets in the most recent year? 3o. Calculate the current ratio? 3b. Using 11 as the industry average, is Target more or less liquid than its industry peers? 4. What amount does the company report as a current llability associated with gift cards, net of estimated breakage? (Hint See Note 13). 5. The company owes for "debt and other borrowings, "What amount is due to be paid back within the next 12 months? (Enter your answers in millions, for exomple, 15,500,000,000 should be entered as 15,500. Round the current rotio to 2 decimal places.)
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