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investors.target com sec-filings A34. Calculate the gross profit ratio and the inventory turnover ratio...

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Accounting

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A34. Calculate the gross profit ratio and the inventory turnover ratio for the fiscal year ended February 3, 2018. Compare Target's ratios with the industry averages of 24.5% and 7.1 times. Determine whether Target's ratios indicate the company is more/less profitable and sells its inventory more/less frequently compared to the industry average

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