NAME Use information found on Target's balance sheet and income statement to calculate the following ratios for the most recent year. Write your result for each ratio in the space provided. Compare the ratios you calculated with the same ratios provided for Target's industry. Analyze the meaning of the ratios by comparing the liquidity, solvency, and profitability of Target to its industry. Turn in the project at the end of class today, Wednesday, December 6, 2023. Target's stock is currently trading for $133 per share. Ratio Current Ratio Quick Ratio Inventory Turnover (days) Accounts Receivable Turnover (days) Debt to Equity Return on Assets Return on Equity Gross Profit Ratio Operating Profit Ratio Net Profit Ratio Earnings Per Share Price Earnings Ratio Dividend Yield Target Industry 1.04 .6 56 days 3.38 days 96.79% 6.57% 15.26% 36.75% 4.22% 2.91% $3.27/share 77.84 37% Liquidity and Solvency: How does Target compare to the industry? Profitability: How does Target compare to the industry? Based on your analysis, would you consider investing in Target's stock? RATIO FORMULAS CURRENT RATIO: CA/CL QUICK RATIO: (CA-INVENTORY)/CL INVENTORY TURNOVER: STEP 1: COGS/AVERAGE INVENTORY STEP 2: 365/STEP 1 ACCOUNTS RECEIVABLE TURNOVER: STEP 1: SALES/AVERAGE RECEIVABLES STEP 2: 365/STEP 1 DEBT/EQUITY: TOTAL LIABILITIES/TOTAL STOCKHOLDERS' EQUITY RETURN ON ASSETS: NET INCOME/TOTAL ASSETS RETURN ON EQUITY: NET INCOME/TOTAL STOCKHOLDERS' EQUITY GROSS PROFIT RATIO: (SALES-COGS)/SALES OPERATING PROFIT RATIO: OPERATING PROFIT/SALES NET PROFIT RATIO: NET INCOME/SALES EARNINGS PER SHARE (EPS); USE BASIC EPS FOUND AT BOTTOM OF INCOME STATEMENT PRICE EARNINGS RATIO: MARKET PRICE PER SHARE/EARNINGS PER SHARE DIVIDEND YIELD: DIVIDENDS PER SHARE/MARKET PRICE PER SHARE