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Refer to the financial information for Target Corporation (the Company) below. a. Compute its return on assets (ROA) for the fiscal year ending February 1,
Refer to the financial information for Target Corporation (the Company) below. a. Compute its return on assets (ROA) for the fiscal year ending February 1, 2020. Compute two ROA measures: one using net earnings from continuing operations and one using net earnings. Assume a statutory tax rate of 25%. - Note: Round your answers to the nearest million dollars. b. Disaggregate ROA into profit margin (PM) and asset turnover (AT). Confirm that ROA = PM AT. - Note: Round your answers to the nearest million dollars
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