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Financial Analysis of Target Corp. and JCPenney
Finance & Accounting
Pages 4 (1004 words)
Financial Analysis of Target Corp. and JCPenney Overview of the Paper The research paper is concerned with analysis of financial position of two of the biggest retail giants in the United States, Target Corporation and JCPenney. In this research paper few of the most important ratios for analyzing financial position will be calculated like that of book value per share, current ratio and net profit margin on sales…
Presently, headquarter of the company is situated in Minneapolis. The company has been ranked 22nd by the Fortune magazine within its list under the category of “World’s Most Admired Companies”. Also it has been titled as the 23rd by Forbes magazine within its list under the category of “America’s Most Reputable Companies”. There are many subsidiaries of the Target Corporation: Financial and Retail Services (FRS), Target Sourcing Services (TSS), Target Commercial Interiors, Target Brands and Target.com. Target had declared its expansion into Canada and has plans to inaugurate around 100 to 150 stores over there by the year 2013. The total revenue of the company during the year 2010 was $67.4 billion (My Target, 2010). Background of J. C. Penney Company, Inc J. C Penney Company, Inc., better known as JCPenney is one amongst many big retailers in the Unites States. The company operates with its 1100 departmental stores situated all around America and Puerto Rico. JCPenney also has sites on the internet for its trading in the retail sections of home furnishings and apparels. The company is headquartered in Plano, TX and has 150000 associates. ...
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