hello, I need help with this question. Cant seem to figure it out. I got 25% and it was wrong. Thanks!
Calculate the Target Corporation's Debt-to-Total Assets ratio for the fiscal year ending January 29, 202 A. Insufficient information available to calculate. B. 76% C. 40% D. 100% E. 25% (millions, except per share data) Sales Other revenue Total revenue Cost of sales Selling, general and administrative expenses Depreciation and amortization (exclusive of depreciation included in cost of sales) Operating income (EBIT) Net interest expense Net other (income)/ expense Earnings from continuing operations before income taxes Provision for income taxes Net earnings from continuing operations Discontinued operations, net of tax Net earnings Basic earnings per share Continuing operations Discontinued operations Net earnings per share Diluted earnings per share Continuing operations Discontinued operations Net earnings per share Weighted average common shares outstanding Basic Diluted Consolidated Statements of Cash Flows (millions) Operating activities Net earnings Earnings from discontinued operations, net of tax Net earnings from continuing operations Adjustments to reconcile net earnings to cash provided by Depreciation and amortization Share-based compensationtexpense Deferred income taxes Gain on Dermstore sale Loss on debt extinguishment Noncash losses / (gains) and other, net Changes in operating accounts: Inventory Other assets Accounts payable Accrued and other liabilities Cash provided by operating activities - continuing operatio Cash provided by operating activities-discontinued operi Cash provided by operating activities 2021 202 Investing activities Expenditures for property and equipment Proceeds from disposal of property and equipment (3,544) 6,946 4,368 Proceeds from Dermstore sale Other investments Cash required for investing activities (3,249) (1,661) (78) (137) 28 512 4,368 Financing activities Additions to long-term debt Reductions of long-term debt Dividends paid 8,625 2,925 86 Repurchase of stock Stock option exercises 27 1,931 Cash required for financing activities 356 2,485 200 (184) Cash required for financing activities (3.154) 10,525 Net (decrease) / increase in cash and cash equivalents 1,972 (2,649) 42 7 16 (2.591) (1,147) 2,480 (1,548) (2,415) (1,343) (7,356) (745) 8 23 (8,071) (2,000) (2,600) 5,934