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Week 3 -Graded Homework. Common-Size Balance Sheets Following is the balance sheet for Target Corporation. Prepare Target's common-size balance sheets as of January 28, 2012

Week 3 -Graded Homework.

Common-Size Balance Sheets Following is the balance sheet for Target Corporation. Prepare Target's common-size balance sheets as of January 28, 2012 and January 29, 2011. (Round your answers to one decimal place.)

Assets
Cash and cash equivalents $1,874 $2,712
Accounts receivable, net 6,927 7,153
Inventory 8,918 8,596
Other current assets 2,810 2,752
Total current assets 20,529 21,213
Property and equipment, net 35,149 31,493
Other noncurrent assets 1,132 1,999
Total assets $56,810 $54,705
Liabilities and shareholders' investment
Accounts payable $7,857 $7,625
Accrued liabilities 4,644 4,326
Current portion of long-term debt and notes payable 4,786 1,119
Total current liabilities 17,287 13,070
Long-term debt 20,697 23,607
Deferred income taxes 1,291 934
Other noncurrent liabilities 1,714 1,607
Total shareholders' investment 15,821 15,487
Total liabilities and shareholders' investment $56,810 $54,705

Cash and cash equivalents Answer% Answer%
Accounts receivable, net Answer% Answer%
Inventory Answer% Answer%
Other current assets Answer% Answer%
Total current assets Answer% Answer%
Property and equipment, net Answer% Answer%
Other noncurrent assets Answer% Answer%
Total assets Answer% Answer%
Accounts payable Answer% Answer%
Accrued liabilities Answer% Answer%
Current portion of long-term debt and notes payable Answer% Answer%
Total current liabilities Answer% Answer%
Long-term debt Answer% Answer%
Deferred income taxes Answer% Answer%
Other noncurrent liabilities Answer% Answer%
Total shareholders' investment Answer% Answer%
Total liabilities and shareholders' investment Answer% Answer

%

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