Question

Target Corporation Balance sheet
US$ in millions 12 months ended:	Feb 1, 2020	Feb 2, 2019	Feb 3, 2018
Total Assets	42,779	41,290	38,999
Total Liabilities Net Minority Interest	30,946	29,993	27,290
Total Equity Gross Minority Interest	11,833	11,297	11,709
Vendor income receivable	23,171	21,520	23,026
Total Capitalization	11,833	11,297	11,709
Common Stock Equity	2,475	2,170	1,924
Capital Lease Obligations	11,147	10,598	10,927
Net Tangible Asset	-1,585	-2,495	-637,000
Invested Capital	23,332	22,572	23,296
Tangible Book Value	11,147	10,598	10,927
Total Debt	13,974	13,445	11,587
Net Debt	10,732	10,488	8,944
Share Issued	504,199	517,762	541,682

• What are the total assets, liabilities and shareholder equity for each year?
• How have these numbers changed over the three years and what could be some reasons why these numbers have changed the way they have?
• How has the value of the company changed

Answer 1