(Selecting a benchmark company) Here of Target CalcCulate 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)? 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 1.

Period Ended Total revenue Cost of revenue Gross profit Operating expenses Operating income or loss Interest expense Net income Sears Holdings (SHLD) 31-Jan-09 $46.770.000 (34. 118.000) $12.652.000 (12.050.000) S602.000 (272.000) $330.000 Target Corp (TGT) 31-Jan-09 $64.948.000 (44, 157 000 $20,791.000 (16.389.000) $4.402.000 (894.000) $3.508,000 Sears Holdings (SHLD) 31-Jan-09 $864,000 9.446,000 6.705.000 473.000 $17.488.000 163.000 25.756.000 699 000 Target Corp (TGT) 31-Jan-09 $1.297.000 866.000 8.795,000 PERIOD ENDING Cash and cash equivalents Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment Other assets $11.418.000 Total assets $44. 100.000 $7 368.000 33 430.000 138+000 3 10.612 000 4.295.000 S8.512.000 Eccounts payable Short current one-term dec! Other current sites Tota purrent es Long-term deb: Otter long-term bites Total long-term abilities Tota 500kholders eauty Tota autes and owners eu 1519 182.000 12 12 000 5.318.000 $7450.000 9.380.000 $44 100 000 525 342.000 Period Ended Total revenue Cost of revenue Gross profit Operating expenses Operating income or loss Interest expense Net income Sears Holdings (SHLD) 31-Jan-09 $46.770.000 (34. 118.000) $12.652.000 (12.050.000) S602.000 (272.000) $330.000 Target Corp (TGT) 31-Jan-09 $64.948.000 (44, 157 000 $20,791.000 (16.389.000) $4.402.000 (894.000) $3.508,000 Sears Holdings (SHLD) 31-Jan-09 $864,000 9.446,000 6.705.000 473.000 $17.488.000 163.000 25.756.000 699 000 Target Corp (TGT) 31-Jan-09 $1.297.000 866.000 8.795,000 PERIOD ENDING Cash and cash equivalents Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment Other assets $11.418.000 Total assets $44. 100.000 $7 368.000 33 430.000 138+000 3 10.612 000 4.295.000 S8.512.000 Eccounts payable Short current one-term dec! Other current sites Tota purrent es Long-term deb: Otter long-term bites Total long-term abilities Tota 500kholders eauty Tota autes and owners eu 1519 182.000 12 12 000 5.318.000 $7450.000 9.380.000 $44 100 000 525 342.000