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Use the financial statements of Target Inc. to find the information below for Target.
Inventory Turnover Ratio for 2020: [ Select ] ["5.88", "11.34", "5.94", "5.82"]
Asset turnover ratio: [ Select ] ["1.37", "1.32", "0.76", "1.28"]
Interest coverage ratio: [ Select ] ["3.15", "42.31", "6.69", "5.69"]
Operating Profit margin: [ Select ] ["7%", "48%", "13%", "16%"]
Return on Equity: [ Select ] ["46%", "24%", "51%", "43%"]
Income Statement 2020
Sales $ 5,500,000
Cost of goods sold 2,850,000
Depreciation 280,000
Selling and administrative
expenses
1,500,000
EBIT $ 870,000
Interest expense 130,000
Taxable income $ 740,000
Taxes 330,000
Net income $ 410,000

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Use the financial statements of Target Inc to find the info.pdf

  • 1. Use the financial statements of Target Inc. to find the information below for Target. Inventory Turnover Ratio for 2020: [ Select ] ["5.88", "11.34", "5.94", "5.82"] Asset turnover ratio: [ Select ] ["1.37", "1.32", "0.76", "1.28"] Interest coverage ratio: [ Select ] ["3.15", "42.31", "6.69", "5.69"] Operating Profit margin: [ Select ] ["7%", "48%", "13%", "16%"] Return on Equity: [ Select ] ["46%", "24%", "51%", "43%"] Income Statement 2020 Sales $ 5,500,000 Cost of goods sold 2,850,000 Depreciation 280,000 Selling and administrative expenses 1,500,000 EBIT $ 870,000 Interest expense 130,000 Taxable income $ 740,000 Taxes 330,000 Net income $ 410,000