What conclusions can you draw concerning the relative liquidity and efficiency of this corporation? How does Target’s results compare to other companies in the same industry? Would you invest in this company? Defend your position on these issues in a two or three paragraph typed response.
Asset Turnover ratio
2005 - 52,620/((34,995+32,293)/2) = 1.56
2004 - 46,839/((32,293+31,416)/2) = 1.47