For Target:
Compute and find the information on:
- Return on Assets ratio (show calculation to get full points)
- Deprecation Methods used for PPE & Intangible assets (if any)
3. Comment on what your company ratios tell you about the company's assets with at least 1-2 sentences on each item:
Consolidated Statements of 12 Months Ended Operations - USD ($) shares in Millions, $ in Millions Jan. 30, 2021 Feb. 01, 2020 Feb. 02, 2019 Total revenue $ 93,561 $ 78,112 $ 75,356 Cost of sales 66,177 54,864 53,299 Selling general and administrative 18,615 16,233 15,723 expenses Depreciation and amortization (exclusive of 2,230 2,357 2,224 depreciation included in cost of sales) Operating income 6,539 4,658 4.110 Net interest expense 977 477 461 Net other (income) / expense 16 (9) (27) Earnings from continuing operations before 5,546 4,190 3,676 income taxes Provision for income taxes 1,178 921 746 Net earnings from continuing operations 4,368 3,269 2.930 Discontinued operations, net of tax 0 12 Net earnings $ 4,368 $ 3,281 $ 2,937 Basic earnings per share Continuing operations (in dollars per share) $ 8.72 $ 6.39 $ 5.54 Discontinued operations (in dollars per 0.02 0.01 share) Net earnings per share in dollars per 8.72 6.42 5.55 share) Diluted earnings per share Continuing operations (in dollars per share) 8.64 6.34 5.50 Discontinued operations (in dollars per 0 0.02 0.01 share) Net earnings per share (in dollars per $ 8.64 $ 6.36 $ 5.51 share) Weighted average common shares outstanding Basic (in shares) 500.6 510.9 528.6 Diluted (in shares) 505.4 515.6 533.2 Antidilutive shares (in shares) 0.0 0.0 0.0 Sales Total revenue $ 92,400 $ 77,130 $ 74,433 Other revenue Total revenue $ 1,161 $ 982 $ 923 0 Jan. 30, 2021 Feb. 01, 2020 $ 8,511 10,653 1,592 20.756 $ 2,577 8,992 1,333 12,902 6,141 31,557 5,914 2,765 780 (20,278) 26,879 2,227 1,386 51,248 6,036 30,603 6,083 2,692 533 (19,664) 26,283 2,236 1,358 42,779 Consolidated Statements of Financial Position - USD ($) $ in Millions Assets Cash and cash equivalents Inventory Other current assets Total current assets Property and equipment Land Buildings and improvements Fixtures and equipment Computer hardware and software Construction-in-progress Accumulated depreciation Property and equipment, net Operating lease assets Other noncurrent assets Total assets Liabilities and shareholders' investment Accounts payable Accrued and other current liabilities Current portion of long-term debt and other borrowings Total current liabilities Long-term debt and other borrowings Noncurrent operating lease liabilities Deferred income taxes Other noncurrent liabilities Total noncurrent liabilities Shareholders' investment Common stock Additional paid-in capital Retained earnings Accumulated other comprehensive loss Total shareholders' investment Total liabilities and shareholders' investment 12,859 6,122 9,920 4.406 1,144 161 20.125 11,536 2.218 990 1,939 16,683 14,487 11,338 2.275 1,122 1,724 16,459 42 6,329 8,825 (756) 14.440 42 6,226 6,433 (868) 11,833 $ 51,248 $ 42,779
