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Please Help solve. Using EDGAR (Electronic Data Gathering, AnalysIs, and Retrleval system), find the annual report (10-K) for Target Corporation for the year ended February
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Using EDGAR (Electronic Data Gathering, AnalysIs, and Retrleval system), find the annual report (10-K) for Target Corporation for the year ended February 1, 2020. Locate the "Consolidated Statements of Financlal Position" (balance sheet). You may also find the annual report at the company's website. Requlred: 1. What amount does the company report for current llabilitles in the most recent year? 2. What amount does the company report for current assets in the most recent year? 3a. Calculate the current ratlo? 3b. Using 1.1 as the Industry average, is Target more or less llquid than its industry peers? 4. What amount does the company report as a current Ilability assoclated with glft cards, net of estimated breakage? (Hint. See Note 13) 5. The company owes for "debt and other borrowings." What amount is due to be pald back within the next 12 months? (Enter your answers in milllons, for example, 15,500,000,000 should be entered as 15,500. Round the current ratlo to 2 decimal places.)Step by Step Solution
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