Details about a companys liabilities appear in a number of places in the annual report. Visit http://www.pearsonhighered.com/Horngren to view a link to Target Corporations Annual Report. Use Target Corporations fiscal 2015 financial statements to answer the following questions. Requirements 1. Give the breakdown of Targets current liabilities at January 30, 2016. 2. Calculate Targets times-interest-earned ratio for the year ending January 30, 2016. How does Targets ratio compare to Kohls Corporations ratio?
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