Presented below are the income statements and balance sheets for Target Corporation for 2019 and 2018. Additional financial information is found below the financial statements. Using this information, calculate the financial metrics found following the information Target Corporation Income Statement For Years Ended December 31 (All numbers in milions) 2011 $72,700 51.100 22.600 15.000 6.500 Sales Cost of goods sold Gross profit Operating expenses other than depreciation Earnings before interest, tres, and depreciation Depreciation expense Earnings before interest and taxes Interest expense Earnings before taxes Tax expense Earning after taxes 2019 $75.400 50.300 22,100 15.400 6,700 2,500 4,200 500 3.700 800 $2.900 4100 500 3.600 800 SZO Tax rate in 2019 was 22 Tax rate in 2018 was 22% Target Corporation Balance Sheet December All numbers are in mons 2019 2012 $1.600 1 100 11.100 $2.500 900 10.400 13.500 27.500 S41320 Assets Current assets Cash Receivables Inventory Total current assets Property, plant, and equipment Total assets Debt and Stockholders' Equity Current debit Acts payable Notes payable Accrual Total current debt Long term debt Total debt Stockholders' equity Capital stock Treasury stock Retained earnings Total stockholders' equity Total debt and stockholders'equity $9,800 1200 4100 13.100 15,000 15.000 30.000 25.500 5.900 11.300 SAL Additional information 1 Torpet Corporation has 500,000,000 shares of common to outstanding the manat per share is $150 Target Corporations cont of money is (4 pts.) g). Calculate the earnings per share for 2019. What does the earnings per share indicate? (4 pts.) h). Calculate the price earnings (P/E) ratio for 2019. What does this financial metric indicate? (7 pts.) i). Based on the calculations made above, assess the financial health of Target Corporation