Question: Using Targets annual report from the last three years 2018, 2019, and 2020 answer the following 3 questions below. Prepare and vertical and horizontal analysis
Using Targets annual report from the last three years 2018, 2019, and 2020 answer the following 3 questions below. Prepare and vertical and horizontal analysis for the balance sheet and income statement . Complete only applicable sections based on the information provided in the company's annual report.
1) What accounts changed for the period and how did this effect the financial analysis calculation?
2) Why did the account change during the period? Explain what business decisions may have caused the change.
3) How does this change influence the company's performance?
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