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What cost flow methods did target use to account for

Understanding real world annual reports

Required:

Use the Target Corporation's annual report in Appendix B to answer the following questions.

a. What was Target's inventory turnover ratio and average days to sell inventory for the fiscal year ended January 29, 2011 (2010) and 2009?

b. Is the company's management of inventory getting better or worse?

c. What cost flow method(s) did Target use to account for inventory?

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Managerial Accounting: What cost flow methods did target use to account for

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