You are to write about Target company!
include the financial statements from target to show how they got their calculation.
Source to be used:
The financial statement which should be obtained from the target website so the instructor knows where we got the calculations
Project Instructions:
• You have been assigned a publicly-traded company with inventory and sales. (see list below) If you are not familiar with the selected company, research the company to understand its type of business products sold.
• Obtain the most recent annual report. You can do this by going to the company’s website and clicking on the investor tab. See additional directions below.
Requirements:
Utilizing the company’s Balance Sheet (sometimes called Statement of Position) and Income Statement (sometimes called the consolidated statement of earnings or operations) complete the following (Please make each requirement a separate section.):
A. Write a one to two paragraph company description. Include what products they sell, the industry they are in, etc.
B. Liquidity Analysis: Calculate the following liquidity ratios for the two most recent fiscal years.
1. Inventory turnover
2. Accounts receivable turnover
etc. see the details attached
You will submit a paper that includes:
1. Company name and brief description of the company.
2. Separate sections on liquidity, profitability, and solvency. Inserting a table in Word works well, see below example.
3. Conclusion that is your overall assessment that addresses point E.
4. Include an appendix showing all calculations. In the body of the paper you will include just the ratio.
5. Include an appendix with a copy of the Balance Sheet and Statement of Income (Earnings or Operations) with the numbers you used highlighted.
Hint on presentation: Example for how to set up the ratio information within the paper.