Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Please summarize the vertical analysis of the balance sheet trends. Vertical Analysis - Balance Sheets Target Corporation INSTRUCTIONS: Change the year of the report you

Please summarize the vertical analysis of the balance sheet trends.

image text in transcribed
Vertical Analysis - Balance Sheets Target Corporation INSTRUCTIONS: Change the year of the report you are analyzing. You may have to insert additional rows based on the actual Target Consolidated statement. FY 2020 % FY 2019 % ASSETS Cash and cash equivalents B,511 16.619 5 2,577 5.029 Inventory 10,653 20.7970 3,997 Other current assets 21 029 1,592 1353 3 170 Total current assets 20,756 40.507 5 12,902 30.159 Property and equipment 0.DO Land 5,141 11.9846 5 5,035 14 114 Buildings and equipment 31,557 51.589 30, 603 #1.549 Fixtures and equipment 5 5,914 11.549 5,083 14.279 computer hardware and software 2,765 5.409 1, 592 Construction-in-progress 1.52% 533 1.259 Accumulated depreciation 20,275 -39.57% 19,654 45.97 Property and equipment, net S 26,879 52.4596 16,283 61.449 Operating ease assets 5 2, 227 4.354 2, 235 Othernoncurrent assets .385 2. 7016 1358 Total assets 61,246 100.0096 12,779 100.006 LIABILITIES Accounts payable 5 12,659 25.09% 9,920 23.19% Accrued and other current liabilities 5 5,122 11.95% 4,405 Current portion of long-term debtand other borrowings 1,144 2.239 151 Total current liabilities S 20,125 19.27% 14,487 13.659 Long-term debt and other borrowings 5 11,536 22.514 11,338 26.509 Noncurrent operating lease liabilities 5 2,218 4.334 2,275 5370 Deferred income taxes 990 1.934 1, 127 2.579 Othernoncurrent liabilities 5 1,939 1, 724 4.039 Total noncurrent liabilities 5 15,583 15,459 Total liabilities 15,808 30.946 SHAREHOLDERS' INVESTMENT Common stock 5 42 5 42 0.101 Additional paid-in capital 5 12.354 6,235 14 559 Retained earnings 3,825 17.229 5,433 15.049 Accumulated other comprehensive loss 756 2.034 Total shareholders' investment 14,440 11, 833 27.567 Total liabilities and shareholders investment 51,248 10010 076 42,779

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_2

Step: 3

blur-text-image_3

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

Accounting Tools For Business Decision Making

Authors: Paul D. Kimmel,  Jerry J. Weygandt,  Jill E. Mitchell

8th Edition

1119791057, 978-1119791058

More Books

Students explore these related Accounting questions

Question

=+ What are the undesirable consequences?

Answered: 3 weeks ago