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Computing Cash Flow Based Measures The following amounts are from information in the 2015 annual report of Target Corporation ($ millions). Item 2015 Cash provided

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Computing Cash Flow Based Measures The following amounts are from information in the 2015 annual report of Target Corporation ($ millions). Item 2015 Cash provided by operating activities $5,140 Average current liabilities 12,179 Average total liabilities 27,240 Cash paid for capital expenditures 1,438 Cash paid for dividends 1,362 Compute the following ratios for 2015. Enter the answers rounded to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. a. Current cash debt coverage b. Cash debt coverage 0 0 Round the amount to the nearest dollar. c. Free cash flow $ 0 Performing a Vertical and Horizontal Analysis Complete a vertical analysis of the following income statement from Gomez Corporation. Do not use a negative sign in your answers. Round to the nearest whole percentage point (for example, enter 60 for 60.4% or 61 for 60.5%). 0 % Vertical Analysis 2020 2019 Income Statement 2020 2019 % of Sales % of Sales Revenues $100,000 $110,000 0 % 096 Cost of goods sold 67,200 75,600 0 % 096 Gross margin 32,800 34,400 0 % Operating expenses 24,200 27,500 Net income $ 6,900 Complete a horizontal analysis of the following income statement from Gomez Corporation. Use a negative sign to indicate a decrease. Round to the nearest whole percentage point (for example, enter 60 for 60.4% or 61 for 60.5%). 096 09 $ 8,600 09 0 % Horizontal Analysis Dollar 2020 2019 Change $100,000 $110,000 $ 0 67,200 75,600 $ 0 32,800 34,400 $ 0 24,200 27,500 $ 0 Percentage Change 096 Income Statement Revenues Cost of goods sold Gross margin Operating expenses 096 0 % 096 Net income $ 8,600 $ 6,900 $ 0 0 %

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