Use the Target Corporations Form 10K to answer the following

Use the Target Corporation’s Form 10-K to answer the following questions related to Target’s fiscal year end of January 30, 2016.

Target’s Form 10-K is available at https://www.sec.gov/cgi-bin/viewer?action=view&cik=27419&accession_number=0000027419-16-000043&xbrl_type=v#

What percentage of Target’s assets was being financed with liabilities versus shareholder’s equity?

Solution

Solution: Please refer to the consolidated Financial statement of Target Corp. of janurary 30, 2016 for the needed data form page no.34 of the following pdf link.

https://corporate.target.com/annual-reports/pdf-viewer-2016?cover=28067&parts=28073

Here we can see that the total current asset (after deducting depreciation) as on January 30, 2016 stands at $40262 million.

These assets are financed by outside liabilities (both long-term and current) and shareholders funds. The percentage distribution is shown below:

Source of Fund Amount (Million $) Percentage contribution in total assets.
Total current liabilities 12622 31.3496597%
Total noncurrent liabilities 14683 36.4686305%
Total shareholders\' investment 12957 32.1817098%
Total 40262 100%
Use the Target Corporation’s Form 10-K to answer the following questions related to Target’s fiscal year end of January 30, 2016. Target’s Form 10-K is availabl

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