Monday, November 29, 2010

Financial Statement Analysis

Target vs. Shopko

1. Total Revenue: 65,357 vs. 72,342
    Total Expenses: 16,622 vs. 18,674
    Net Income: 48,735 vs. 53,668
    Net Loss:
    (in millions)
2. target equals 74.4%
    shopko equals 74.2%
3. Shopko has a better component percentage.

Thursday, November 18, 2010

Fiscal Period

1. I chose the store Target for this assingment. Target is a store that provides its conusmers with many useful things. It stocks everything from trampolines to beard trimmers. I picked target cause it is where i get my beard trimmers from (that was a joke..ha ha).
2. Link to financial statements
3. Targets fiscal year ends the Saturday nearest January 31st.
4. The reason for Target's fiscal year ending on this time is because their busiest time of the year is from thanksgiving to christmas. After these holidays people do not generally spend as much since they jsut spent so much on christmas.