Advanced Quantitative Business Analysis: Target.com Annual Report

This report provides an analysis of Target.com's 2018 annual report, focusing on the financial statements and key metrics. The report is divided into two parts, the first part presents the company's description, financial summary including income statement, balance sheet, and cash flow statement. The balance sheet includes assets and liabilities. The second part of the report discusses the assets, liabilities, and equity. The report explains the distinction between current and long-term assets and liabilities, and their importance in financial analysis. It also highlights the uses of this financial information by the management and creditors for decision-making purposes. The report concludes by referencing the sources used for the analysis.

Advanced
Quantitative
Business Analysis

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Part I
Content included in Annual report of 2018 of Target.com
The annual report of target. com is classified in the four parts in order to represent the
operation activities and transaction in a very well mannered. The report contains the company
description in first part, financial summary in second part, information related to directors
and executive officers are included in third part and financial statement schedules in fourth
part. In company description areas, the operating activities and its achievements in the year is
described. The financial summary of Annual report of the organisation includes the incomes
statement, balance sheet, cash flow statement in order to describe the financial position of the
organisation. Balance sheet of the organisation includes the asset and liabilities. In target.
com, the company have $ 41,290 is the total assets and the total current liabilities of the
company are $14979 (Target. com., 2018). The third part contains the information related to
directors, executive officers and corporate governance.
As per the analysis of annual report of target.com, the financial statements are
required such as comprehensive income statement, balance sheet and cash flow statement in
order to evaluate the financial position. The investors, creditors, government, and the
employees are required this information evaluate the financial position so that they can take
decision before investing or given the money on credit.
Part II
This statement contains the various items that help to evaluate the financial position
and these are assets, liabilities, and long terms goals. Asset of the organisation are the
beneficial factors means it is an organisation property such as Cash and cash equivalents,
Accounts receivables and inventory. Liabilities are the money or property which takes on

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debts for a long or short period of time. Equity is referred to the shareholder equity which
states the amount of money that would return to shareholder of the organisation. Equity is
calculated by deducting liabilities from assets.
Equity = Asset – Liabilities
The information related to asset, liabilities and equity are contains in the balance sheet of
financial statement (Epstein, 2016).
Current or long term liabilities
Current asset or current liabilities are the short period of time. The current assets are
the assets which is convertible into cash within the one year. Current liabilities are also states
the bets amount which have to pay by the company within the one year and vice-versa. Long
term liabilities and asset are more than the one year. It is important to classify these items as
they have to pay in different time period. There are some financial ratios, current liabilities
and current asset are used to identify the current ratio of the organisation. Thus, it is not
possible to take the amount of long term asset and liabilities for current evaluation. That’s
why; the organisation has to classify items differently.
Uses of Information
The management of the organisation uses this information to evaluate the financial
position of the organisation and its stability for surviving. Creditors of the organisation are
used this information to take the decision related to investment or provide the amount on
credit. They can take decision by evaluating the financial position or by analysing the debts
and assets (Barcharts, 2015).

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References
Barcharts, I. (2015). Accounting Terminology (Quick Study Business). Quick Study Business
Epstein, M. (2016). Advances in Management Accounting. UK: Emerald Group Publishing
Limited.
Target. com. (2018). Annual report. Retreived from:
https://corporate.target.com/_media/TargetCorp/annualreports/2018/pdfs/
2018-Target-Annual-Report.pdf