Use the Target Corporation financial statements to answer the following questions. Visit www.pearsonhighered.com/Horngren to view a link

Question:

Use the Target Corporation financial statements to answer the following questions. Visit www.pearsonhighered.com/Horngren to view a link to Target Corporation's Fiscal 2015 Annual Report.

Requirements

1. How much was Target Corporation's long-term debt at January 30, 2016?

2. Compute Target Corporation's debt to equity ratio at January 30, 2016. How does it compare to Kohl's Corporation's ratio?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s 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...