(Solved): Analyze Target for three years Target Corporation (TGT) is one of the largest retailers in the Unit ...

Analyze Target for three years Target Corporation (TGT) is one of the largest retailers in the United States. Target operates over 1,800 stores that sell a wide assortment of merchandise, including a variety of grocery items. Target recently reported the following end-of-year balance sheet data (in millions): a. Compute the ratio of liabilities to stockhoiders' equity for all three years. Round to two decimal places. b. Which of the following statements is true? 1. A high ratio of llabilities to stockholders equity is favorable to the creditors. 2. A low ratio of liabilities to stockholders equity is favorable to the creditors. 3. A high ratio of liabilities to stockholders equity is favorable to the stockholders. 4. A low ratio of liabilities to stockholders equity is favorable to the stockholders.