3. Asset management assessment of Target Corporation Inc. A Financial Ratio Analysis of Target Corporation An Asset Management Assessment merchandise at discounted prices," and are interested in the company's historical and current financial activities and performance. Use the following analysis often identify issues requiring additional investigation. Note: Assume that there are 365 days in a year, and that Target's inventory turnover ratio is computed by dividing its net sales by its ending inventory balance. Target Corporation Colartad Tnroma Geatamant Ralanra Chaot and Dalatad natal Balance Sheet Data Assets:CashandmarketablesecuritiesReceivablesInventoryOthercurrentassetsTotalcurrentassetsNetfixedassetsOtherlong-termassetsTotalassets2010$1,712,000,0006,153,000,0007,596,000,0001,752,000,00017,213,000,00025,493,000,000999,000,000$43,705,000,0002009$2,200,000,0006,966,000,0007,179,000,0002,079,000,00018,424,000,00025,280,000,000829,000,000$44,533,000,0002008$864,000,0008,084,000,0006,705,000,0001,835,000,00017,488,000,00025,756,000,000862,000,000$44,106,000,000 3. Consider the trend of Target's DSO ratios, as well as the pattern of its Sales and Accounts receivable balances. (Note: Round all intermediate and final calculations to two decimal places.)