target corporation (2020) to (2021) 10-k form

1. Calculate and interpret these ratios for two years (show your calculations):

   • Current ratio

   • Quick ratio

   • Average daily sales (Net sales / 365 days)

   • Days' sales outstanding (Average net receivables / Average daily sales) (Note:You will need to use some balance sheet balances from three years, even though the balance sheet only includes two years of balances. To find one year earlier than the two years presented on the balance sheet, find the Form 10-K for the earlier year.)