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Calculator Analyze Target The following data (in millions) are taken from the financial statements of Target Corporation (TGT), the owner of Target stores: Year 2
Calculator Analyze Target The following data (in millions) are taken from the financial statements of Target Corporation (TGT), the owner of Target stores: Year 2 Year 1 Revenue $73,785 $72,618 Operating expenses (68,875) (68,083) Operating income $4,910 $4,535 a. For Target, determine the amount of change in millions and the percent of change rounded to one decimal place from Year 1 to Year 2 for: Amount in million Percentage 1. Revenue 2. Operating expenses 3. Operating income b. The revenue operating income between the two years, while the operating expenses grew. Thus, expenses grew in Year 2. than revenues. As a result
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