Solution-What was the cost of the company property

What was the cost of the company property

Reference no: EM133056424

Question - This case, based on the balance sheet of Target Corporation, will familiarize you with some of the assets and liabilities of that company. Use the Target Corporation balance sheet to answer the following questions.

Requirements -

Which balance sheet format does Target use?

Name the company's largest current asset and largest current liability on January 31, 2021

Compute Target's current ratios on January 31, 2021, and February 1, 2020. Did the current ratio improve, worsen, or hold steady?

Under what category does Target report furniture, fixtures, and equipment?

What was the cost of the company's property, plant, and equipment on January 31, 2021? What was the amount of accumulated depreciation? What was the book value of the property, plant, and equipment?

Reference no: EM133056424

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What was the cost of the company property

Reference no: EM133056424

Reference no: EM133056424

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