Target Corporation operates general merchandise and food discount stores in the United States. The company reported the following information for the three years ending January 31, 2011:

Requirements
1. Compute profit margin for Target for the years ended January 31, 2011, and January 31, 2010.
2. Compute asset turnover for Target for the years ended January 31, 2011, and January 31, 2010.
3. Compute return on assets for Target for the years ended January 31, 2011, and January 31, 2010.
4. What factors contributed to the change in return on assets during theyear?

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Target Corporation Income Statement (Adapted) For the years ended Jan 31 Jan 31 Jan 31, 2010 2009 In millions) Total net revenue Cost of revenue Selling, general and administrative Operating income or loss Other revenue (expense) Income before tax Income tax expense Net income 2011 567,390 $65,357 $64,948 45,725 44,062 44,157 16.41316.622 16.389 4,402 (866) 3,872 3,536 5,2524,673 (757) 4,495 (1,575) (1,384) (1,322) (801) S 2,920 2.488 2,214 Target Corporation Partial Balance Sheet (Condensed) Jan 31, Jan 31, Jan 31, 2010 2009 (In millions) Total current assets 2011 S17,213 $18,424 $17,488 25,493 25,280 25,756 Property, plant, and equipment Other assets Total assets 829 $43,705 $44,533 $44,106