Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question list (Selecting a benchmark company) Here if you will find the income statements and balance sheets for Sears Holdings (SHLD) and Target Corp (TGT).

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Question list (Selecting a benchmark company) Here if you will find the income statements and balance sheets for Sears Holdings (SHLD) and Target Corp (TGT). Assume that you are a financial manager at Sears and want to compare your firm's situation with that of Target. Calculate representative ratios for liquidity, asset management efficiency, financial leverage (capital structure), and profitability for both Sears and Target. How would you summarize the financial performance of Sears compared to Target (its benchmark firm)? -. . O Question 10 1. Liquidity Ratios O Question 11 Sears' current ratio is - X Data table O Question 12 Sears Holdings Target Corp (SHLD) (TGT) O Question 13 Period Ended 31-Jan-09 31-Jan-09 Total revenue $46,770,000 $64,948,000 Cost of revenue (34, 118,000) (44, 157,000) Gross profit $12,652,000 $20,791,000 O Question 14 Operating expenses (12,050,000) (16,389,000) Operating income or loss $602,000 $4,402,000 Interest expense (272,000) (894,000) O Question 15 Net income $330,000 $3,508,000 (Click on the icon in order to copy its contents into a spreadsheet.) O Question 16 Sears Holdings Target Corp (SHLD) (TGT) PERIOD ENDING 31-Jan-09 31-Jan-09 A.ination 17 Cash and cash equivalents $864,000 $1,297,000 Accounts receivable 9,446,000 866,000 Help me solve this View an example Get more Inventories 6,705,000 8,795,000 Clear all Check answer Other current assets 473,000 458,000 Total current assets $17,488,000 $11,416,000 Long-term investments 163,000 0Question list want to compare your firm's situation with that of Target. Calculate representative ratios for liquidity, asset management efficiency, financial leverage (capital structure), and profitability for both Sears and Target. How would you summarize the financial performance of Sears compared to Target (its benchmark firm)? C... O Question 10 1. Liquidity Ratios O Question 11 Sears' current ratio is - X Data table Question 12 Cash and cash equivalents JOU4, UVU Accounts receivable 9,446,000 866,000 Inventories 6,705,000 8,795,000 O Question 13 Other current assets 473,000 458,000 Total current assets $17,488,000 $11,416,000 Long-term investments 163,000 O Question 14 Property, plant, and equipment 25,756,000 8,091,000 Other assets 9,000 5,835,000 Total assets $44, 106,000 $25,342,000 Question 15 Liabilities Accounts payable $7,366,000 $3,430,000 Short-/current long-term debt 1,262,000 787,000 Question 16 Other current liabilities 1,884,000 4,295,000 Total current liabilities $10,512,000 $8,512,000 Long-term debt 17,490,000 2,132,000 A.imation 17 Other long-term liabilities 2,392,000 5,318,000 Total long-term liabilities $19,882,000 $7,450,000 Help me solve this View an example Get more Total stockholders' equity 13,712,000 9,380,000 Clear all Check answer Total liabilities and owners' equity $44, 106,000 $25,342,000 (Click on the icon in order to copy its contents into a spreadsheet.E Homework: Unit 3 Lab Assignment Question 16, P4-14 (similar to) HW Score: 5%, 1 of 20 points O Points: 0 of 1 Save Question list K (DuPont analysis) Triangular Chemicals has total assets of $107 million, a return on equity of 35 percent, a net profit margin of 5.1 percent, and an equity multiplier of 2.17. How much are the firm's sales? O Question 13 The company's total sales are $ | million. (Round to one decimal place.) O Question 14 O Question 15 Question 16 Question 17 O Question 18 Question 19 O Question 20 Help me solve this View an example Get more help - Clear all Check answerE Homework: Unit 3 Lab Assignment Question 17, P4-19 (similar to) HW Score: 5%, 1 of 20 points O Points: 0 of 1 Save Question list K (Profitability analysis) Last year Triangular Resources earned $5.3 million in net operating income and had an operating profit margin of 20.5 percent. If the firm's total asset turnover ratio was 1.52, what was the firm's investment in total assets? O Question 13 The company's total assets are $ million. (Round to one decimal place.) Question 14 Question 15 O Question 16 Question 17 O Question 18 O Question 19 O Question 20 Help me solve this View an example Get more help - Clear all Check

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

Financial Accounting

Authors: Carl S Warren, James M Reeve, Jonathan Duchac

12th Edition

0538478519, 9780538478519

More Books

Students also viewed these Accounting questions

Question

What disadvantage of ODBC does OLE DB overcome?

Answered: 1 week ago