Instructions: Please use Targets latest financials from S&P Advantage. It is very important that you show your calculations or explain how you derived the answer to get full credit. Please answer each question on a different sheet of paper or on a different tab if using Excel.

1. What has been the percentage change in Total Revenue, Gross Profit, Operating Income (EBIT) and Net Income for each of the most recent four years? Please comment on the trends.

2. What has been the companys Current Ratio and Quick Ratio for each of the past four years, and how would you interpret the results?

3. What have been the companys Total Asset Turnover and Inventory Turnover for the past four years? In your own words, how would you interpret the results?

4. What has been the Return on Assets (ROA) and Return on Invested Capital for the past four years? How would you interpret these ratios?

5. What has been the companys Times Interest Earned Ratio and Debt-to-Equity ratio over the past four years. Please comment on the results.