Now the Project gets more difficult. This week Mr Moovon wants five years of at least six different ratios: two each relating to Profitability, Liquidity and Debt Utilization. That's the minimum, three each will get you the full 50 points, if done correctly.

Remember it's five years, not four. Since not all companies have released their 2014 results, Mr Moovon will accept five years ending 2013, if 2014 numbers are not available.

For Part Four you will have to make a recommendation as to which company (Target or JcPenney) to buy and support your recommendation with your interpretation of the ratios.