Determine targets inventory turnover and days sales

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Reference no: EM133496996

Which inventory costing method does Target use? How does Target value its inventories?
By using the cost of goods sold formula, you can compute net purchases, which are not reported in the Target financial statements. How much were Target's inventory purchases during the year ended January 28, 2023?
Determine Target's inventory turnover and days' sales in inventory for the year ended January 28, 2023. (Round each ratio to one decimal place.) How do Target's inventory turnover and days' sales in inventory compare with Kohl's Corporation's for the year ended January 28, 2023? Explain.

Reference no: EM133496996

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