Assignment
Use Target Corporation's fiscal 2015 financial statements to respond to the essay requirements.
Write at least a 1000 word essay answering the questions below.
It must include an introduction, body, and conclusion, and address all parts of the question. Please note that originality is the expectation - your own words with reference support. Cite all sources used.
1. Give a breakdown of Target's current liabilities at fiscal year-end 01/30/16. Provide detailed descriptions for each. Do these class as benefits to the company, or do they hinder the overall profitability of Target's annual performance. Why or why not?
2. Calculate your Target's times-interest-earned ratio for the fiscal year end 01/30/16. How does this ratio compare to the ratio for the Kohl's Corporation? (Use the Kohl's Corporation 2016 Annual ReportPDF for information on the company. Access the 2016 Annual Report on 10K link to view the report.) Explain your answer.
3. Given the results you have seen and calculated. Which company would you recommend to invest in and why?
4. In reviewing the financial information, identify and explain one thing that surprised you or you found to be particularly interesting. Be specific.