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With these data calculated from public financial statements for the year-end 2019, give some recommendations for Target Corporation to improve its financial performance. Explain. Cost
With these data calculated from public financial statements for the year-end 2019, give some recommendations for Target Corporation to improve its financial performance. Explain.
Cost of Equity (k)= 5.67% ROE = 25.998% ROA = 7.113% Liquidity Current Ratio = 0.83382 = 83.382% Quick Ratio = 20.128% Cash Ratio (assets) = 12.429% Cash Ratio (liabilities) = 10.364% Solvency Debt Ratio = 72.639% Debt/Equity Ratio = 26.549% Equity/Leverage Multiplier = 365.499% Cash Flow to Debt = 48.142% Times Interest Earned = 797.397% Earnings Net Profit Margin = 3.897% Gross Profit Margin = 29.270% Earning Power = 8.903% Working Capital Inventory Days 65 days Accounts Receivable Days = 365Cost of Goods/Receivable = 0 days (Target has no AR) Payable Days 67 days Working Capital Cash Cycle = 132 daysStep by Step Solution
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