L11 Final essay - Running Head Financial Analysis Target...

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Running Head: Financial Analysis Target Corporation Botong Xu ACC111 Final Essay TARGET CORPORATION FINANCIAL ANALYSIS AND INTERPRETATION The concept of financial analysis involves selection, evaluation and interpretation of financial data along with other pertinent information to help in issues related to investment and decision-making. Major financial ratios that are used include liquidity, working capital current ratio among others. The essay assignment will calculate each of these ratios for the years 2004 through 2006 based on the data provided. Working Capital from 2004 to 2006 Working Capital=Current Assets – Current Liabilities About 2006, working capital=14,405-9,508 =4,897 About 2005, working capital=13,922-8,220 =5,702 About 2004 working capital=12,952-8,314 =4,638 From the data, we could find that the target corporation was able to meeting the current liabilities. What’s more, the working capital was increase from 2004 to 2005, was decrease from 2005 to 2006 and stand at 4,897. We can draw the conclusion that the Target Corporation was

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