Question
1. Calculate the debt to equity ratio for Target at February 1, 2020. The average ratio for companies in the Discount Retailers industry sector in
1. Calculate the debt to equity ratio for Target at February 1, 2020. The average ratio for companies in the Discount Retailers industry sector in a comparable time period was 1.95. Note: Round your answer to two decimal places.
2. Calculate Target's times interest earned ratio for the year ended February 1, 2020. The coverage for companies in the Discount Retailers industry sector in a comparable time period was 6.5. Note: Round you answer to one decimal place.
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
13th edition
1285198840, 978-1285198842
