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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:
Â
Recent Year
Prior Year
Â
SHOW ME HOW
Â
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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