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Running Head: Financial Analysis Target CorporationBotong XuACC111Final EssayTARGET CORPORATION FINANCIAL ANALYSIS AND INTERPRETATIONThe 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 2006Working Capital=Current Assets – Current LiabilitiesAbout 2006, working capital=14,405-9,508 =4,897About 2005, working capital=13,922-8,220 =5,702About 2004 working capital=12,952-8,314 =4,638From 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