The following data (in millions) are taken from the financial statements of Target Corporation: Recent Prior Year Year Revenue $72,618 $71,279 Operating expenses Operating income 68,083 66,109 $ 4,535 5,170 a. For Target Corporation, determine the amount of change in millions and the percent of change (round to one decimal place) from the prior year to the recent year for: 1. Revenue 2. Operating expenses 3. Operating income Ь. total operating expenses? -What conclusions can you draw from your analysis of the revenue and the

The following data (in millions) are taken from the financial statements of Target Corporation: Recent Prior Year Year Revenue $72,618 $71,279 Operating expenses Operating income 68,083 66,109 $ 4,535 5,170 a. For Target Corporation, determine the amount of change in millions and the percent of change (round to one decimal place) from the prior year to the recent year for: 1. Revenue 2. Operating expenses 3. Operating income Ь. total operating expenses? -What conclusions can you draw from your analysis of the revenue and the

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter2: Analyzing Transactions

Section: Chapter Questions

Problem 23E: The following data (in millions) are taken from the financial statements of Target Corporation: a....

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