Use Target Corporation's Fiscal 2015 Annual Report to answer the following questions. Visit www.pearsonhighered.com/Horngren to view a
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Requirements
1. Compute trend analyses for Sales and Net earnings / (loss). Use 2013 as the base year. What is the most notable aspect of these data?
2. Perform a vertical analysis for Target Corporation's balance sheet as of January 31, 2016 (fiscal year 2015), and January 31, 2015 (fiscal year 2014). Include only these main categories:
Assets:
Total current assets
Property and equipment, net
Noncurrent assets of discontinued operations
Other noncurrent assets
Total assets
Liabilities and shareholders' investment:
Total current liabilities
Total noncurrent liabilities
Total shareholders' investment
Total liabilities and shareholders' investment
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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