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17. How are the Consolidated Statements of Financial Position dated? Why? 18. What is the significance of the Debt-to-Assets ratio? What was Target's Debt-to-Assets ratio

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17. How are the Consolidated Statements of Financial Position dated? Why? 18. What is the significance of the Debt-to-Assets ratio? What was Target's Debt-to-Assets ratio in 2016? In 2015? 19. What is the significance of the Return-on-Assets ratio? What was Target's Return-on-Assets ratio in 2016? In 2015? 20. What is the significance of the Return-on-Equity ratio? What was Target's Return-on-Equity ration in 2016? In 2015? The following 4 two-part questions require analysis of Target's financial statements in Appendix B using information from Appendix C: 1.a. What is the significance of the Gross Margin Percentage? 1.b. What was Target's Gross Margin Percentage in: 2015 2016 2.1. What is the significance of the Return-on-Sales ratio? 2.b. What was Target's Return-on-Sales Percentage in: 2016 2015 What is the significance of the Inventory Turnover ratio? 3.b. What was Target's Inventory Turnover Ratio in: 2015 2016 What is the significance of the Average Days to Sell Inventory ratio? 4.b. What was Target's Average Days to Sell Inventory Ratio in: 2016 2015 17. How are the Consolidated Statements of Financial Position dated? Why? 18. What is the significance of the Debt-to-Assets ratio? What was Target's Debt-to-Assets ratio in 2016? In 2015? 19. What is the significance of the Return-on-Assets ratio? What was Target's Return-on-Assets ratio in 2016? In 2015? 20. What is the significance of the Return-on-Equity ratio? What was Target's Return-on-Equity ration in 2016? In 2015? The following 4 two-part questions require analysis of Target's financial statements in Appendix B using information from Appendix C: 1.a. What is the significance of the Gross Margin Percentage? 1.b. What was Target's Gross Margin Percentage in: 2015 2016 2.1. What is the significance of the Return-on-Sales ratio? 2.b. What was Target's Return-on-Sales Percentage in: 2016 2015 What is the significance of the Inventory Turnover ratio? 3.b. What was Target's Inventory Turnover Ratio in: 2015 2016 What is the significance of the Average Days to Sell Inventory ratio? 4.b. What was Target's Average Days to Sell Inventory Ratio in: 2016 2015

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