Question: Using EDGAR (Electronic Data Gathering. Analysis, and Retrieval system), find the annual report (10-K) for Torget 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 Torget Corporation for the year ended February 1, 2020, Locate the "Consolidated 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 libbilities in the most recent year? 2. What amount does the company report for current assets in the most recent year? 3a. Calculate the current ratio? 3b. Using 1.1 as the industry average, is Target more or less liquid than its industry peers? 4. What amount does the company report as a current liablity assoclated with gift cards, net of estimated breakage? (Mint 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 example, 15,500,000,000 should be entered as 15,500 . Round the current ratio to 2 decimal places.)
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