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Based on Targets 2012 reports Here is the link to the 2012 annual report, I was not sure what you would exactly need from this.

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Based on Targets 2012 reports

Here is the link to the 2012 annual report, I was not sure what you would exactly need from this. To insert a picture of all the reports on there it would take up way too much space. Please just bare/work with me and use the link to get to the reports. Here is the link, please use this:

https://corporate.target.com/_media/TargetCorp/annualreports/content/download/pdf/Annual-Report.pdf?ext=.pdf

#1) What was the average interest rate that Target paid on its borrowings? (Hint: See Note 20)

7.3% on long-term debt

3.2% on long-term debt

10% on long-term debt

4.7% on long-term debt

#2) Target reported Accrued and Other Liabilities of $3891 as of February 2, 2013. What was the largest subcategory of liabilities included in this account?

a.

Other

b.

Wages and Benefits

c.

Taxes Payable

d.

Gift Card Liability

#3) What is the par value per share of Target's stock?

a.

$.0100

b.

$.0833

c.

$.1079

d.

$.0567

#4) How many shares of Target's common stock were outstanding as of February 2, 2013?

a.

6,000,000 shares issued and outstanding

b.

744,644,454 shares issued and outstanding

c.

5,000,000 shares issued and outstanding

d.

645,294,423 shares issued and outstanding

#5) Target's annual report provides some details about the company's executive officers. How many are identified? What is their minimum, maximum, and average age? How many are females?

a.

15 members of the board of directors. The youngest is 42; the oldest is 57, and the average age, which must be computed, is 49.3. Three of the 15 directors are female.

b.

12 members of the board of directors. The youngest is 38; the oldest is 60, and the average age, which must be computed, is 49.4. Five of the 12 directors are female.

c.

17 members of the board of directors. The youngest is 42; the oldest is 57, and the average age, which must be computed, is 49.3. Three of the 17 directors are female.

d.

10 members of the board of directors. The youngest is 38; the oldest is 60, and the average age, which must be computed, is 49.3. Three of the 10 directors are female.

2012 (a) 2010 2009 2008 FINANCIAL RESULTS: in millions) Credit card revenues Total revenues Cost of sales Selling, general and administrative expenses (b) Credit card expenses $ 71,960$68,466 65,786 $ 63,435 62,884 61,471 1,896 63,367 1,399 69,865 47,860 1,604 2,064 73,301 65,357 44,062 13,078 1,521 67,390 64,948 50,568 14,914 44,157 12,954 1,609 1,826 13,469 860 1,659 Gain on receivables held for sale 5,371 762 4,609 1,610 $ 2,999 5,322 Earnings before interest expense and income taxes (c) Net interest expense Earnings before income taxes Provision for income taxes 4,673 801 3,872 1,384 2,929 2,920 2.488 4,402 647 3,536 1,322 1,527 2,214 2,849 Net earnings PER SHARE: Basic earnings per s Diluted earnings per Cash dividends declared FINANCIAL POSITION: (in millions) Total assets Capital expenditures Long-term debt, including current portion Net debt (d) $4.57 4.31 4.03 3.32.87 3.37 $4.52 4.28 4.00 S3.30 2.86 3.33 $1.38 1.15 0.92 0.67 0.62 0.54 $ 48,163 46,630 43,705 44,533 44,106 44,560 3,2774,368 2,129 729 3,547 4,369 $ 17,648 17,483 15,726 16,81418,752 $ 17,090 $ 17,518 17,289 14,597 15,28818,562 $ 15,239 $ 16,558 15,821 15,48715,34713.712$ 15.307 U.S. RETAIL SEGMENT FINANCIAL RATIOS: 3.0% 30.1 % 20.1 % 7.0% (2.5%) 30.5% 20.5% 6.9% Comparable-store sales growth (e) (2.9%) 3.0% 29.7% 19.9% 7.0% 30.5% 20.3% 7.0% margin (% of 29.8% 20.4% 6.5% SG&A (% of sales) (f) EBIT margin (% of sales) OTHER: Common shares outstanding (in millions) Cash flow provided by operations (in millions) 645.3 669.3 704.0 744.6 752.7 818.7 $ 5,325$ 5.434 5,27 5,8814,430 4.125 s per square foot (gh) $ 299 237,847 0.9% 294 290 287301 222,588 7.0% 1,682 1,441 233,618 231,952 Retail square feet (in thousands) Square footage growth Total number of stores 235,721 0.9% 207,945 8.3% 1,740 General merchandise 1,037 1,131 875 SuperTarget CityTarget 239 Total number of distribution centers (a) Consisted of 53 weeks. (b) Also referred to as SG&A (c) Also referred to as EBIT. (d) Including current portion and short-term notes payable, net of short-term investments of $130 mallion, $194 milion, $1,129 million, $1,526 million, $190 million and $1,851 million, respectivelly. Management believes this measure is a more appropriate indicator of our level of financial leverage because short-term investments are available to pay debt e) See definition of comparable-store sales in Item 7, Management's Discussion and Analysis of Financial Condition and Results of Operations. Effective with the October 2010 nationwide launch of our 5% REDcard Rewards loyalty program, we changed the formula under which the U.S. Retail Segment charges the US. Credit Card Segment to better align with the attributes of this program. Loyalty program charges were $300 mion, $258 mi ion, $102 million, $89 million, $117 milion and $114 million, respectively. In all periods these amounts were recorded as reductions to SG&A expenses within the U.S. Retail Segment and increases to operations and marketing expenses within the U.S. Credit Card Segment. Thirteen-month average retail square feet. In 2012, revenues per square foot were calculated with 52 weeks of revenues (the 53rd week of revenues was excluded) because management believes that these numbers provide a more useful analytical comparison to other years. Using our revenues for the 53-week year under generaly accepted accounting principles, 2012 revenues per square foot were $304. (g) (h)

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