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$874 Common-Size Balance Sheets Following is the balance sheet for Target Corporation. Prepare Target's common-size balance sheets as of January 28, 2012 and January 29,
$874 Common-Size Balance Sheets Following is the balance sheet for Target Corporation. Prepare Target's common-size balance sheets as of January 28, 2012 and January 29, 2011. (Round your answers to one decimal place.) January 28, January 29, ( ($ millions) 2012 2011 Assets Cash and cash equivalents $2,712 Accounts receivable, net 6,927 7,153 Inventory 10,918 10,596 Other current assets 2,810 2,752 Total current assets 21,529 23,213 Property and equipment, net 38,149 34,493 Other noncurrent assets 1,132 1,999 Total assets $60,810 $59,705 Liabilities and shareholders' investment Accounts payable $7,857 $7,625 Accrued liabilities 4,644 4,326 Current portion of long-term debt and notes payable 4,786 1,119 Total current liabilities 17,287 Long-term debt 22,697 26,607 Deferred income taxes 1,291 934 Other noncurrent liabilities 1,714 1,607 Total shareholders' investment 17,821 17,487 Total liabilities and shareholders' investment $60,810 $59,705 13,070 TARGET CORPORATION Common-Size Balance Sheets 2011 2012 0 % 0% 0% 0 % 0 % Cash and cash equivalents Accounts receivable, net Inventory Other current assets Total current assets Property and equipment, net Other noncurrent assets 0 % 0 % 0 % 0 % 0 % 0 % 0 % 0 % 0 % 0 % 0 % 0 % 0 % 0 % 0 % 0 % 0 % 0 % 0 % Total assets Accounts payable Accrued liabilities Current portion of long-term debt and notes payable Total current liabilities Long-term debt Deferred income taxes Other noncurrent liabilities Total shareholders' investment Total liabilities and shareholders' investment 0 % 0 % 0 % 0 % 0 % 0 % 0% 0 % 0 % 0 %
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