Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please read and answer all parts. most of the pictures are just the options for the blanks. I can't post the parts separately because they're

please read and answer all parts. most of the pictures are just the options for the blanks. I can't post the parts separately because they're all part of the same problem. thank you.

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

options for blanks (in order from first to last)

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

6. An assessment of Target Corporation's market value ratios 2920000000 704038218 A Financial Ratio Analysis of Target Corporation An Assessment of Its Market Value Ratios Assume that you are an existing shareholder of Target Corporation (TGT), a retailer of "everyday essentials and fashionable, differentiated merchandise at discounted prices, and are interested in the company's historical and current financial activities and performance. Use the following financial data for Targetto complete and conduct your financial ratio analysis. Then answer the questions that follow. Remember, the results of a ratio analysis often identify issues requiring additional investigation. Llabilities and Equity: Accounts payable Accruals Other current liabilities Total current liabilities Long-term liabilities Total debt $6,625,000,000 $6,511,000,000 $6,337,000,000 3,326,000,000 3,120,000,000 2,913,000,000 119,000,000 1,696,000,000 1,262,000,000 $10,070,000,000 $11,327,000,000 $10,512,000,000 18,148,000,000 17,859,000,000 19,882,000,000 $28,218,000,000 $29,186,000,000 $30,394,000,000 $59,000,000 $62,000,000 $63,000,000 3,311,000,000 2,919,000,000 2,762,000,000 12,117,000,000 12,366,000,000 10,887,000,000 $15,487,000,000 $15,347,000,000 $13,712,000,000 $43,705,000,000 $44,533,000,000 $44,106,000,000 Common stock Additional paid-in capital Retained earnings Total equity Total debt and equity Other Relevant Data Common shares outstanding Total dividends paid Market price per share 704,038,218 $609,000,000 $54.35 744,644,454 $496,000,000 $51.27 752,712,464 $465,000,000 $31.20 Now consider Target's market value ratios. That is, how does the company's financial condition and performance relate to the observed market price of the company's shares? (Note: Round Intermediate calculations to two decimal places.) Target Corporation Market Value Ratios Book value per share 2010 S 2009 2008 $ EPS 2010 S 2009 S 2008 P/E ratio 2010 2009 2008 M/B ratio 2010 2009 2008 9 and 2009 to 2010, the positive pressure from the increasing market prices was greater, or strong pressure from the decreased number of shares outstanding. apitalization should be construed as news and should be investigated further is: For what reason were the s, or approximately 6.47% of 2008's outstar 8 through 2010? Was it part of earli good am, or were they repurchased to reduce the Chereby the market indeterminate s? (Note: The answer to this question can be orts.) company's book value from year to year. In general, and assuming that everyth e tended to the company's market-to-book (M/B) ratio. However, over time, Targ e percentage increase in the market price had been than the percentage increase i et price per share and the book value per share ratios is the number of tanding, the trend of the M/B ratio indicates which of the following? 3 to 2009 and 2009 to 2010, the positive pressure from the increasing market prices was greater, or stre negative, pressure from the decreased number of shares outstanding. market capitalization should be construed as news and should be investigated furth be asked is: For what reason were the shares, or approximately 6.47% of 2008's outst eriod 2008 through 2010? Was it part ned program, or were they repurchased to reduce th Tket and thereby 40,606,236 the m the shares? (Note: The answer to this question can nnual reports.) 8,068,010 48,674,246 2010, the company's book value In year to year. In general, and assuming that even should have tended to the company's market-to-book (M/B) ratio. However, over time, T- ests that the percentage increase in the market price had been Y than the percentage increas in the market price per share and the book value per share ratios is the number of shares outstanding, the trend of the M/B ratio indicates which of the following? decreasing value on the portion of the company owned by the common shareholders. e on the portion of the company owned by the common shareholders. e on the portion of the company owned by the creditors and debtholders. de on the portion of the company owned by the common shareholders. by the number of common shares outstandi ch is calculated by dividing its ing by between 9 and by between 2009 and 2010 EBIT earnings (P/E) ratio exhibited net income t trend. Which of the following phenomena conta PS increased by a greater percentage than the market price of its common shares. et price per share of Target's common stock increased by a greater percentage than that exhib EPS increased by a greater percentage than the market price of its common shares. an of the company owned by the creditors and debtholders. on of the company owned by the common shareholders. by dividing its by the number of common shares outstanding, between 2008 and 2009 and by between 2009 and 2010. 50.91% ratio exhibited an inconsistent trend. W following phenomena contributed to 38.79% y a greater percentage than the market 49.70% common shares. are of Target's common stock increased by a greater percentage than that exhibited by by a greater percentage than the market price of its common shares. Grade It Now Save & Continue 6. An assessment of Target Corporation's market value ratios 2920000000 704038218 A Financial Ratio Analysis of Target Corporation An Assessment of Its Market Value Ratios Assume that you are an existing shareholder of Target Corporation (TGT), a retailer of "everyday essentials and fashionable, differentiated merchandise at discounted prices, and are interested in the company's historical and current financial activities and performance. Use the following financial data for Targetto complete and conduct your financial ratio analysis. Then answer the questions that follow. Remember, the results of a ratio analysis often identify issues requiring additional investigation. Llabilities and Equity: Accounts payable Accruals Other current liabilities Total current liabilities Long-term liabilities Total debt $6,625,000,000 $6,511,000,000 $6,337,000,000 3,326,000,000 3,120,000,000 2,913,000,000 119,000,000 1,696,000,000 1,262,000,000 $10,070,000,000 $11,327,000,000 $10,512,000,000 18,148,000,000 17,859,000,000 19,882,000,000 $28,218,000,000 $29,186,000,000 $30,394,000,000 $59,000,000 $62,000,000 $63,000,000 3,311,000,000 2,919,000,000 2,762,000,000 12,117,000,000 12,366,000,000 10,887,000,000 $15,487,000,000 $15,347,000,000 $13,712,000,000 $43,705,000,000 $44,533,000,000 $44,106,000,000 Common stock Additional paid-in capital Retained earnings Total equity Total debt and equity Other Relevant Data Common shares outstanding Total dividends paid Market price per share 704,038,218 $609,000,000 $54.35 744,644,454 $496,000,000 $51.27 752,712,464 $465,000,000 $31.20 Now consider Target's market value ratios. That is, how does the company's financial condition and performance relate to the observed market price of the company's shares? (Note: Round Intermediate calculations to two decimal places.) Target Corporation Market Value Ratios Book value per share 2010 S 2009 2008 $ EPS 2010 S 2009 S 2008 P/E ratio 2010 2009 2008 M/B ratio 2010 2009 2008 9 and 2009 to 2010, the positive pressure from the increasing market prices was greater, or strong pressure from the decreased number of shares outstanding. apitalization should be construed as news and should be investigated further is: For what reason were the s, or approximately 6.47% of 2008's outstar 8 through 2010? Was it part of earli good am, or were they repurchased to reduce the Chereby the market indeterminate s? (Note: The answer to this question can be orts.) company's book value from year to year. In general, and assuming that everyth e tended to the company's market-to-book (M/B) ratio. However, over time, Targ e percentage increase in the market price had been than the percentage increase i et price per share and the book value per share ratios is the number of tanding, the trend of the M/B ratio indicates which of the following? 3 to 2009 and 2009 to 2010, the positive pressure from the increasing market prices was greater, or stre negative, pressure from the decreased number of shares outstanding. market capitalization should be construed as news and should be investigated furth be asked is: For what reason were the shares, or approximately 6.47% of 2008's outst eriod 2008 through 2010? Was it part ned program, or were they repurchased to reduce th Tket and thereby 40,606,236 the m the shares? (Note: The answer to this question can nnual reports.) 8,068,010 48,674,246 2010, the company's book value In year to year. In general, and assuming that even should have tended to the company's market-to-book (M/B) ratio. However, over time, T- ests that the percentage increase in the market price had been Y than the percentage increas in the market price per share and the book value per share ratios is the number of shares outstanding, the trend of the M/B ratio indicates which of the following? decreasing value on the portion of the company owned by the common shareholders. e on the portion of the company owned by the common shareholders. e on the portion of the company owned by the creditors and debtholders. de on the portion of the company owned by the common shareholders. by the number of common shares outstandi ch is calculated by dividing its ing by between 9 and by between 2009 and 2010 EBIT earnings (P/E) ratio exhibited net income t trend. Which of the following phenomena conta PS increased by a greater percentage than the market price of its common shares. et price per share of Target's common stock increased by a greater percentage than that exhib EPS increased by a greater percentage than the market price of its common shares. an of the company owned by the creditors and debtholders. on of the company owned by the common shareholders. by dividing its by the number of common shares outstanding, between 2008 and 2009 and by between 2009 and 2010. 50.91% ratio exhibited an inconsistent trend. W following phenomena contributed to 38.79% y a greater percentage than the market 49.70% common shares. are of Target's common stock increased by a greater percentage than that exhibited by by a greater percentage than the market price of its common shares. Grade It Now Save & Continue

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Investments An Introduction

Authors: Herbert B Mayo

11th Edition

1133936520, 9781133936527

More Books

Students also viewed these Finance questions

Question

How has the rise of social media helped Rent the Runway?

Answered: 1 week ago

Question

2. Why do we need legislation to protect women in the workplace?

Answered: 1 week ago