Create a Vertical and Horizontal analysis for Target Corporation Income Statement in Excel ...
60.1K
Verified Solution
Question
Accounting
Create a Vertical and Horizontal analysis for Target Corporation Income Statement in Excel
Income Statement
All numbers in thousands
Revenue | 1/28/2017 | 1/30/2016 | 1/31/2015 |
Total Revenue | 69,495,000 | 73,785,000 | 72,618,000 |
Cost of Revenue | 48,872,000 | 51,997,000 | 51,278,000 |
Gross Profit | 20,623,000 | 21,788,000 | 21,340,000 |
Operating Expenses | |||
Research Development | - | - | - |
Selling General and Administrative | 13,356,000 | 14,665,000 | 14,676,000 |
Non Recurring | - | - | - |
Others | 2,298,000 | 2,213,000 | 2,129,000 |
Total Operating Expenses | - | - | - |
Operating Income or Loss | 4,969,000 | 4,910,000 | 4,535,000 |
Income from Continuing Operations | |||
Total Other Income/Expenses Net | - | 620,000 | 620,000 |
Earnings Before Interest and Taxes | 4,969,000 | 5,530,000 | 4,535,000 |
Interest Expense | 1,004,000 | 607,000 | 882,000 |
Income Before Tax | 3,965,000 | 4,923,000 | 3,653,000 |
Income Tax Expense | 1,296,000 | 1,602,000 | 1,204,000 |
Minority Interest | - | - | - |
Net Income From Continuing Ops | 2,669,000 | 3,321,000 | 2,449,000 |
Non-recurring Events | |||
Discontinued Operations | 68,000 | 42,000 | -4,085,000 |
Extraordinary Items | - | - | - |
Effect Of Accounting Changes | - | - | - |
Other Items | - | - | - |
Net Income | |||
Net Income | 2,737,000 | 3,363,000 | -1,636,000 |
Preferred Stock And Other Adjustments | - | - | - |
Net Income Applicable To Common Shares | 2,737,000 | 3,363,000 | -1,636,000 |
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.