financial statement case assignment

Please read the General Info and Instructions for the Financial Statement Case assignments carefully before starting. There are questions all together and they are each short cases question answers.

The data for each of these assignments comes from the Annual Report of Target Corporation. The Annual Report you will be using is the 2015 Annual Report

Don't use plagiarized sources. Get Your Custom Essay on
financial statement case assignment
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay

(Links to an external site.)

. Please don’t use another year or your answers will be wrong. This report covers the dates of January 31, 2015 to January 30, 2016. If you cannot open the link you can just copy and paste the link down below.

Occasionally you will have to access the 2015 Annual Report of Kohls

(Links to an external site.)

for comparison purposes. Again if you can’t access the 2015 Annual report of kohls here is a link.

For each questions, please do the following: Do not replicate each question, Number each question, When a question asks you to compute a ratio or another analytic, please show the work the last question 17-1 will have to do using spreadsheet software (Excel, Google Sheets, etc) ,If you use an outside source (other than the Target or Kohl’s financials) please cite the sources

Financial Statement Case 10-1

Refer to the Target Corporation financial statements, including Notes 14 and 15. Answer the following questions.


Which depreciation method does Target Corporation use for reporting in the financial statements? What type of depreciation method does the company probably use for income tax purposes?

What was the amount of depreciation and amortization expense for the year ending January 30, 2016?

The statement of cash flows reports the cash purchases of property, plant, and equipment. How much were Target’s additions to property, plant, and equipment during the year ending January 30, 2016? Did Target record any proceeds from the sale of property, plant, and equipment?

What was the amount of accumulated depreciation at January 30, 2016? What was the net book value of property, plant, and equipment for Target as of January 31, 2016?

Compute Target’s asset turnover ratio for year ending January 30, 2016. Round to two decimal places. How does Target’s ratio compare with that of Kohl’s Corporation?

Financial Statement Case 11-1


Give the breakdown of Target’s current liabilities at January 30, 2016.

Calculate Target’s times-interest-earned ratio for the year ending January 30, 2016. How does Target’s ratio compare to Kohl’s Corporation’s ratio?

Financial Statement Case 13-1


Review the stockholders’ equity section of the balance sheet. Did Target have any preferred stock at January 30, 2016?

Now examine the notes at the bottom of the balance sheet. Is Target authorized to issue preferred stock? If so, how much?

How much of Target Corporation’s common stock was outstanding at January 30, 2016? How can you tell?

Examine Target Corporation’s consolidated statements of cash flows. Did Target pay any cash dividends during the year ending January 30, 2016? If so, how much?

Show how Target Corporation computed basic earnings per share of $5.35 for fiscal year 2015. (Ignore diluted earnings per share.)

Graduate Homework
Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Papers are written from scratch We have molded our writers to develop content for all assignments from scratch. This way, we promote originality and reduce cases of plagiarism that might affect your grades and hinder you from realizing your academic goals. We encourage our clients to indicate the deliverables that should be featured in the final paper. Our online help services allow one to make a clarification and even interact with the writer directly to help them understand the needs of the assignment. Many of our writers are professional tutors who understand the approaches that should be used to fulfill the specified instructions. Every time a client places an order on our system, we link them with the most qualified writer in the subject of interest.

Money-back guarantee

YUnlike other writing companies, we encourage clients to draw back their money at any stage of the writing process if they experience any uncertainties with the quality of generated content. However, you will hardly have to make this decision because of our business approach that suits your needs.

Zero-plagiarism guarantee

We have an advanced plagiarism-detection system that flags any work that fails to meet the required academic expectations. Our company thrives in honesty, and as such, you will be guaranteed to achieve a paper that meets your expectations.

Free-revision policy

We encourage our clients to return papers for revision seven days after the last submission for free. Depending on the proposed changes, we will work on your article to achieve the desired expectations.

Privacy policy

We uphold confidentiality and privacy through our interactions with clients, an aspect that has enhanced our relationship with prospective customers seeking for assignment help. We do not disclose your information with third-parties

Qualified Writers

We boast of a diverse pool of ENL and ESL professionals who respond with a personal touch to the needs of every client. Our focus is to become the best platform that offers specialized services to individuals to accomplish their academic goals.

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages