Questions:

1. What is Targets current ratio for 2020? 2019? Did it increase or decrease? What does that tell you about Targets ability to pay its short term debts?
2. What was Targets Profit Margin Ratio for 2020? 2019? Did it increase or decrease? Why would Targets investors want to know this?
3. What was Targets Debt Ratio for 2020? 2019? Did it increase or decrease? Why would Targets lenders want to know this?

INCOME STATEMENT:

BALANCE SHEET:

Indietro adalStatements $ 2020 92,400 $ 1,161 93,561 66,177 18,615 2019 77,130 $ 982 78,112 54,864 16,233 2018 74,433 923 75,356 53,299 15,723 Consolidated Statements of Operations (millions, except per share data) Sales Other revenue Total revenue Cost of sales Selling, general and administrative expenses Depreciation and amortization (exclusive of depreciation included in cost of sales) Operating income Net interest expense Net other (income) / expense Earnings from continuing operations before income taxes Provision for income taxes Net earnings from continuing operations Discontinued operations, net of tax Net earnings Basic earnings per share Continuing operations Discontinued operations Net earnings per share Diluted eamings per share Continuing operations Discontinued operations Net earnings per share Weighted average common shares outstanding Basic Diluted Antidilutive shares Note: Per share amounts may not foot due to rounding. 2,230 6,539 977 16 5,546 1,178 4,368 2,357 4,658 477 (9) 4,190 921 3,269 12 3,281 $ 2,224 4,110 461 (27) 3,676 746 2.930 7 $ 4,368 $ 2,937 $ 8.72 $ 6.39 $ 0.02 5.54 0.01 5.55 $ 8.72 $ 6.42 $ $ 8.64 $ 6.34 $ 0.02 6.36 $ 5.50 0.01 5.51 $ 8.64 $ 500.6 505.4 510.9 515.6 528.6 533.2 See accompanying Notes to Consolidated Financial Statements. Index de Statements 2020 4,368 $ 2019 3,281 $ 2018 2,937 $ Consolidated Statements of Comprehensive Income (millions) Net earnings Other comprehensive income / (loss), net of tax Pension benefit liabilities Currency translation adjustment and cash flow hedges Other comprehensive income / (loss) Comprehensive income 102 10 112 4,480 $ (65) 2 (63) 3,218 $ (52) (6) (58) 2,879 $ $ $ January 30, February 1, (millions, except footnotes) 2021 2020 Assets Cash and cash equivalents 8,511 $ 2,577 Inventory 10,653 8,992 Other current assets 1,592 1,333 Total current assets 20,756 12,902 Property and equipment Land 6,141 6,036 Buildings and improvements 31,557 30,603 Fixtures and equipment 5,914 6,083 Computer hardware and software 2,765 2,692 Construction-in-progress 780 533 Accumulated depreciation (20,278) (19,664) Property and equipment, net 26,879 26,283 Operating lease assets 2,227 2,236 Other noncurrent assets 1,386 1,358 Total assets $ 51,248 $ 42,779 Liabilities and shareholders' investment Accounts payablo 12,859 $ 9,920 Accrued and other current liabilities 6,122 4,406 Current portion of long-term debt and other borrowings 1,144 161 Total current liabilities 20,125 14.487 Long-term debt and other borrowings 11,536 11,338 Noncurrent operating lease liabilities 2,218 2,275 Deferred income taxes 990 1,122 Other noncurrent liabilities 1,939 1,724 Total noncurrent liabilities 16,683 16.459 Shareholders' investment Common stock 42 Additional paid-in capital 6,329 6,226 Retained earnings 8,825 6,433 Accumulated other comprehensive loss (756) (868) Total shareholders' investment 14,440 11,833 Total liabilities and shareholders' investment $ 51,248 $ 42.779 Common Stock Authorized 6,000,000,000 shares, $0.0833 par value; 500,877,129 shares issued and outstanding as of January 30, 2021;504,198,962 shares issued and outstanding as of February 1, 2020. Preferred Stock Authorized 5,000,000 shares, $0.01 par value; no shares were issued or outstanding during any period presented 42 2020 2019 2018 4,368 $ 3,281 $ 12 3,269 2,937 7 2,930 4,368 2,604 147 2,485 200 (184) 512 86 2,474 132 322 178 10 29 95 505 18 (1,661) (137) 2,925 1,931 10,525 Consolidated Statements of Cash Flows (millions) Operating activities Net earnings Earnings from discontinued operations, net of tax Net earnings from continuing operations Adjustments to reconcile net earnings to cash provided by operations: Depreciation and amortization Share-based compensation expense Deferred income taxes Loss on debt extinguishment Noncash losses/gains) and other, net Changes in operating accounts: Inventory Other assets Accounts payable Accrued and other liabilities Cash provided by operating activitiescontinuing operations Cash provided by operating activities-discontinued operations Cash provided by operations Investing activities Expenditures for property and equipment Proceeds from disposal of property and equipment Other investments Cash required for investing activities Financing activities Additions to long-term debt Reductions of long-term debt Dividends paid Repurchase of stock Stock option exercises Cash required for financing activities Net increase / (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period Supplemental information Interest paid, net of capitalized interest Income taxes paid Leased assets obtained in exchange for new finance lease liabilities Leased assets obtained in exchange for new operating lease liabilities 140 199 7,099 18 7,117 (900) (299) 1,127 89 5,970 3 5,973 10,525 (2,649) 42 16 (2,591) (3,027) 63 20 (2.944) (3,516) 85 15 (3,416) 2,480 (2,415) (1,343) (745) 23 (2,000) 5,934 2,577 8,511 $ 1,739 (2,069) (1,330) (1,565) 73 (3,152) 1,021 1,556 2,577 $ (281) (1,335) (2,124) 96 (3,644) (1,087) 2,643 1,556 $ 492 $ 476 939 $ 1,031 428 696 379 464 373 130 246 262