1. 2. a. $ b. C. d. e. Target's label name for its balance sheet. Current assets Long-term assets Total assets Current liabilities Long-term liabilities Total liabilities Total shareholders' equity Largest current asset Largest current liability Current ratio Debt to equity ratio Consolidated Statements of Financial Position 12,564 $ 26,435 $ 38,999 $ 13,201 14,089 27,290 $ 11,709 Inventory Accounts payable 0.95 2.33 $ $ f. 9. a. b. 4. a. b. Overall instructor remarks: You need to calculate Target's Current Ratio and Debt to Equity Ratio and then compare to the industry averages. Use this information within your explanation. 5. Assuming Target's industry had an average current ratio of 1.0 and an average debt to equity ratio of 2.5, comment on Target's liquidity and long-term solvency. With a ratio of 1.0 that indicates that the company's current liabilities are equal to the current assets, which means that the company is able to pay or get rid of its current liabilities from its current assets indicating that the position of the company is good when it comes to liquidity. With a debit equity ration 2.5 means the companies debit is high and it relies on sales to maintain business operations i think.... wrong