business Applications Case Understanding real-world annual reports
Required
Use the Target Corporation’s annual report in Appendix B to answer the following questions.
a. What was Target’s debt to assets ratio for 2008 and 2007?
b. What was Target’s return on assets ratio for 2008 and 2007?
c. What was Target’s return on equity ratio for 2008 and 2007?
d. Why was Target’s return on equity ratio higher than its return on assets ratio for 2008 and 2007?
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