After looking at the financial reports of Target Corporation

After looking at the financial reports of Target...

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After looking at the financial reports of Target Corporation, I see that they have a very successful business. In 2009 revenues rose 0.6 percent to 65.4 billion and their net earnings of 2.5 billion was a 12.4 percent increase. Their diluted earnings per share for the year grew 15.2 percent from the year 2008. Compared to 2008's net debt 2009 had a major decrease, as well as the capital expenditures. Capital was 1,729 million in 2009 compared to 3,547 million and 4,369 million in 2008 and 2007. The
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Unformatted text preview: shareholders investments have risen tremendously. Over the years I noticed that the total revenues have been on a steady increase. The Depreciation and amortization expense rate rose from 2.7% in 2007, to 2.9% in 2008 and from that to 6.9% in 2009. Although the reports are looking good for Target the negatives I see are that the Property, Plant and Equipment Assets are 25,280,000 in 2010, 25,756,000 in 2009 and 24,095,000, which are major increases over those 3 years....
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This note was uploaded on 03/19/2011 for the course ACC 230 taught by Professor Unknown during the Fall '10 term at University of Phoenix.

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