Analysis of Target. Research Target's financial reports for 2017 and 2018 . Please see attached template for your assignment. Each section of the template has detailed instructions and guidelines (...

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Analysis of Target.






Research Target's financial reports for 2017 and 2018 .






Please see attached template for your assignment. Each section of the template has detailed instructions and guidelines ( highlighted in yellow) for your investor report of Target. The report has been formatted for you. You will be completing a PESTLE analysis and Ratio analysis then creating your own conclusions. Remove all highlighted instructions before submitting your final report. Do not just summarize a publicly available report on Target ( properly referenced or not, this will earn a zero). Your analysis needs to be your unique work and supported by your work/research/analysis.






Tip - read some investor reports to get learn style, language choices, area of focus.



Format your citations according to APA guidelines. Reference all work.





RUNNING HEADER: Target – Financial Analysis Report 6 Target- Analysis Report Name University of Phoenix FIN/571 – Corporate Finance March 3, 2021 Target, Inc. Analysis Report One 3-5 sentence paragraph describing Target’s business - in your own words. Do not copy and paste. Describe history, evolution, and current scope of business. One 3-5 sentence paragraph of an investor summary based on the work you did in this report. Example: What are key metrics and what they mean for Target as a company and for investors, forecasted outlook, potential risk. There is no one right answer here – it is your unique analysis and interpretation of the financial analysis you completed. Economic Conditions - PESTLE Analysis One 3-5 sentence summary of your entire PESTLE analysis below. What key pieces of information would you want investors to know about the operating environment of Target. Political Conditions Across Operating Environment Identify 2 or 3 specific political conditions, influences, events happening in the US and in Global environment (any country they operate in) that may benefit or disrupt Target’s business trajectory. This should be one 4-6 sentence paragraph. Economic Conditions Across Operating Environment Identify 2 or 3 meaningful economic indicators globally (any country they operate in) or in the US that may benefit or disrupt Target business trajectory. This should be one 4-6 sentence paragraph. Social Conditions Across Operating Environment Identify 2 or 3 meaningful social indicators globally (any country they operate in) or in the US that may benefit or disrupt Target’s business trajectory. This should be one 4-6 sentence paragraph Technological Influences Across Operating Environment Identify 2 or 3 meaningful technology developments globally (any country they operate in) or in the US that may benefit or disrupt Target’s business trajectory. This should be one 4-6 sentence paragraph Legal Developments Across Operating Environment Identify 2 or 3 meaningful legal developments globally (any country they operate in) or in the US that may benefit or disrupt Target’s business trajectory. This should be one 4-6 sentence paragraph Environmental Conditions Across Operating Environment Identify 2 or 3 meaningful environmental conditions globally (any country they operate in) or in the US that may benefit or disrupt Target’s business trajectory. This should be one 4-6 sentence paragraph in the context of PESTLE analysis, environmental factors — which are also sometimes called ‘ecological factors’ — refer to variables regarding the physical environment (the climate of Earth, for example). This can include things like consumer health, climate change, the availability of energy, or any direct consequences of these things. 2017 and 2018 Market Conditions Create a 4-6 sentence summary of how the market conditions in 2017 and 2018 influenced the Target’s performance, such as interest rates, Federal Reserve Bank monetary policy changes, or other market conditions relevant Financial Analysis Review the balance sheet and income statement in the company's 2017 and 2018 Annual Report. Complete the ratio calculations and analysis Create a short (one to two sentence) bullet point statement for each ratio interpreting what the ratio calculation result indicates about their performance. Complete the table below (scroll down): Ratio 2018 2017 Interpretation – do not define. Interpret Current Ratio Quick Ratio Debt Equity Ratio Inventory Turnover Ratio Receivables Turnover Ratio Total Assets Turnover Ratio Profit Margin (Net Margin) Ratio Return on Assets Ratio References Double space, hanging indent

Answered 1 days AfterMar 21, 2021

Answer To: Analysis of Target. Research Target's financial reports for 2017 and 2018 . Please see attached...

Tanmoy answered on Mar 23 2021
156 Votes
RUNNING HEADER: Target – Financial Analysis Report
2
Target- Analysis Report
Name: Kristen Keck
University of Phoenix
FIN/571 – Corporate Finance
March 22, 2021
Target, Inc. Analysis Report
Target Corporation is 8th largest American Super-chain retailing stores headquartered in Minnea
polis, Minnesota. It was founded by George Dayton and John Geisse as a discount store operating in USA. Soon due to huge demand from the customers of cheap but high quality brands, Target Corporation was able to expand their stores with new store formats in the year 1990. Presently the company’s net revenue as on 2018 is $71.879 billion. The various products that are available in Target Corporation are electronics, groceries, beauty and baby products, home and office appliances, jewelery, food and toys. There are more than 1800 stores of Target throughout USA and are likely to expand more such discount stores through its hypermarket and small format stores like the City Target and faster counter stores like Target Express (Target- A Bulls eye view).
Based on the cash flow statement of Target Corporation as on the 2018, it can be observed that the cash dividends paid by the company to the investors were $1338 million. This states that the shareholders of the companies are paid well in the form of dividend. Also in 2018, it is noticed that there has been a drastic reduction in the long term loan. This signifies that the company is servicing the interests on time. Finally, compared to the year 2017, in 2018 the Net Income of the company has grown by 6.25%. Thus it can be stated that the company is growing and it is a positive indicator for the shareholders and potential investors’ point of view. The only risk that was faced by Target Corporation was when the company suffered security breach of the customer credit card details. Apart from that its store in Canada was not a success in 2010 (Target Corporation).

Economic Conditions - PESTLE Analysis
Pestle analysis is an evaluating tool to analyze the condition or the external environments which may impact the business operations of the company. Through a pestle analysis we are able to analyze the areas where the company may face difficulties and where there can be opportunities available during its launching of a new product or opening of a store in the area of its operation. Therefore, we will try to analyze the various external factors like Political, Economical, Social, Technological, Legal and Environmental which may impact the business operations of Target Corporation.
Political Conditions across Operating Environment
Target Corporation plans to expand their business globally and for this they want to launch an international website which will be accessed in 200 countries (BusinessWire, 2015).
They also have good business relations with growing Chinese market. But, due to the trade war between USA and China there has been impact on...
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