Refer to the financial information of Target Corporation (T(TT) in P4-39 to answer the following requirements. section*{Required}

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Refer to the financial information of Target Corporation (T(TT) in P4-39 to answer the following requirements.

\section*{Required}

a. Compute Target's current ratio and quick ratio for 2008 and 2007. Comment on any observed trends.

b. Compute Target's times interest earned and its liabilities-to-equity ratios for 2008 and 2007. Comment on any noticeable change

c. Summarize your findings about the company's liquidity and solvency. Do you have any concerns about Target's ability to meet its debt obligations?

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Financial Accounting For MBAs

ISBN: 9781934319345

4th Edition

Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally

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