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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The following data (in millions) are taken from the financial statements of Target Corporation:
Recent Year
Prior Year
SHOW ME HOW
Revenue $69,865 $67,390
Operating expenses 64,543 62,138
Operating income $ 5,322 $ 5,252
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a. For Target Corporation, determine the amount of change in millions and the percent of change (round to one decimal place) from the prior year to the recent year for:
1. Revenue
2. Operating expenses
3. Operating income
b. What conclusions can you draw from your analysis of the revenue and the total operating expenses?
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