Reference no: EM131093237
TARGET CORPORATION ANALYSIS
Complete and submit the Target Corporation Analysis and Interpretation essay before taking the final exam. Click here to read more about this assignment. Compose your essay in a Word document. Check your spelling, grammar, word usage, and sentence structure. Check to be sure that you have completely answered all the questions asked and addressed all the components of the assignment.
TARGET CORPORATION FINANCIAL ANALYSIS AND INTERPRETATION
The ability of a business to meet its short-term cash requirements is called liquidity. It is affected by the timing of a company's cash inflows and outflows along with prospects for future performance. Efficiency refers to how productive a company is in using its assets, and it is usually measured relative to how much revenue is generated from a particular level of assets. They are both important and complementary.
Two measures for evaluating a business's short-term liquidity are working capital and the current ratio. Working capital is the dollar amount of a company's current assets less current liabilities as shown below:
Working capital = Current assets - Current liabilities
An excess of the current assets over the current liabilities implies that the company is able to pay its current liabilities. If the current liabilities are greater than the current assets, the company may not be able to pay its debts and continue in business. The current ratio is another means of expressing the relationship between current assets and current liabilities. The current ratio is computed by dividing current assets by current liabilities, as shown below.
Current ratio = Current assets/Current liabilities
The current ratio enables one to compare the liquidity of different-sized companies and of a single company at different times. Both of these financial measures become even more relevant when comparing your present results to those of previous years.
Determine the working capital and current ratios for 2004, 2005, and 2006 for the Target Corporation based on the information contained in the consolidated balance sheets in Appendix A. Did Target's working capital and current ratio increase or decrease from 2004 to 2006?
Asset Turnover reflects a company's ability to use its assets to generate sales and is an important indication of operating efficiency. It tells the analyst how many dollars of sales a company generates for each dollar invested in assets. It is computed by dividing net sales by average total assets, as shown below.
Asset Turnover = Net Sales/Average Total Assets
Determine the asset turnover ratio for 2004 and 2005 using the information contained in the consolidated balance sheet and income statement for the Target Corporation in Appendix A.
What conclusions can you draw concerning the relative liquidity and efficiency of this corporation? How does Target's results compare to other companies in the same industry? Would you invest in this company? Defend your position on these issues in a two or three paragraph typed response. Do not forget to include your calculations.
|
Unified conceptual framework based on concept
: Think about this idea: "we will introduce a common denominator, or unified conceptual framework based on the concept of brand equity, as a tool to interpret the potential effects of various strategies" What is he implying? Consider the fact that a..
|
|
Religious discrimination and racial harassment
: Review the SHRM case, "Religious Discrimination and Racial Harassment: What Ever Happened to MarShawn DeMur?"
|
|
Shape the demographics of the united states
: Trends in immigration will continue to shape the demographics of the United States. Extend these trends to the year 2050. Give an example of what you think the U.S. population will look like in the year 2050.
|
|
Present the assessment to the ceo of toyota
: Create a 10- to 15-slide Microsoft® PowerPoint® presentation with detailed speaker notes, assessing the organization. Assume that you will present the assessment to the CEO of Toyota.
|
|
Determine the working capital and current ratios
: Determine the working capital and current ratios for 2004, 2005, and 2006 for the Target Corporation based on the information contained in the consolidated balance sheets in Appendix A.
|
|
Odin employment contract falls
: 1. Would a court likely decide that Odin's employment contract falls within the Statute of Frauds? Why or why not? 2. Now suppose that Montieth had taken out a pencil, written "10 percent for life" on the back of a register receipt, and handed it ..
|
|
Explain the reasoning for your choices
: Explain the reasoning for your choices.Identify the various ethical dilemmas presented in this scenario - discuss the specific NOHS Standards that would apply in this situation.
|
|
Appropriate for a qualitative study
: Draft 2 to 3 research questions that would be appropriate for a qualitative study and addresses your research problem and are aligned with your purpose statement.
|
|
Communication skills when delivering presentations
: Improve your professional presentation skills and telephone skills! Choose any of the strategies that you think are important for enhancing your oral communication skills when delivering presentations or when communicating via telephone.
|