MBA5020CaseFrmwk
Report on Chosen Company
List Stock ticker symbol ________
Exchange where traded _________
Address of company headquarters _________
Company phone number __________
Your name, etc.
PART 1, COMPANY OVERVIEW:
a. Company’s Description .
Target Company is a general retailer with its stores acroos 50 U.S states and the
Columbian districts. The firm is headquartered in Minneapolis, Minnesota which has
been its hometown since its inception in 1962. The company sells a wide variety of
general and food merchandise ranging from clothing, household items, electronics and
toys. The company has an overall employees of approximately 400,000 with a tagline of
“Expect More. Pay Less
b. Company history
Goodfellow Dry Goods was the company's initial name until it was changed to
Dayton's Dry Goods Company in 1903 and then to Dayton Company in 1910. In
Roseville, Minnesota, the first Target shop debuted in 1962, and its parent corporation
changed its name to the Dayton Corporation in 1967. A significant development is that
the corporation has concentrated its efforts to grow in the central United States since the
opening of Target Stores. Target added Mondo Llama, Favorite Day, and Kindfull to its
collection of wholly owned brands. Target expanded its collaborations with Disney,
Apple, and Levi Strauss & Co. and introduced Ulta Beauty at Target.
c. Organization
Target company has a decentralized organizational type of structure which means
differenst people are delegated responsibilities for making key business decisions. At the
top of this chain is the company’s CEO Brian Cornwell who is delegated various
responsibilities to his executives. In any of the Company’s target store there are also
individuals who are responsible for various tasks. The target company wholly relies on a
team of environment at various levels of the business.
d. Main products and services
The company offers a wide range of goods and collections, including food and
drinks, clothing and accessories for men, women, and children, baby items, household
necessities, home furnishings, patio and garden design, and kitchen and dining.
d. Geographic area of operations
California has 314 retail stores, or nearly 16% of all Target locations in the US,
making it the state with the most Target locations. Although Target's locations include
more than just physical structures or locations on a map, the company also has offices
and supply chain facilities all over the world.
PART 2, FINANCIAL OVERVIEW: Use the most recent 5 years data
a. Sales and Income Record:
------------- Fiscal Years
2019 2020 2021 2022 2023
-- Sales ____ ____ ____ ____ ____
-- Net Income ____ ____ ____ ____ ____
GRAPH OF SALES & NET INCOME, FY 2019– 2023
100
90
80
70
60
50 Sales
Net income
40
30
20
10
0
2019 2020 2021 2022
b. Expense Distribution:
FY 2022
Depreciation & Amortization Expense $2.7B
SG&A Expense $20.59B
Unusual Expense $62B
EBIT after Unusual Expense $3.85B
Interest Expense $482B
PIE CHART OF EXPENSES, FY 20xx
25
20
15 Series1
Series2
Series3
10 Series4
Series5
0
1 2
c. Assets Distribution:
Year-end FY 2022 (most current year)
Assets:
Cash _$4.02
Accounts receivable ________
Inventory __$403
Fixed Assets _$5.53B
Other Assets ___$8B
Total:
PIE CHART OF ASSETS, Year-end FY 20xx
COMMENTS: Comment on the company’s asset distribution.
c. Capital Structure:
Year-end FY 2023__
Current Liabilities _$5.59B_
Long-term & Other Liabilities ________
Preferred Stock (if any) __N/A
Common Equity _ $11.23B
Total:
CAPITAL STRUCTURE PIE CHART, Year-end FY 20**
PART 3, TREND ANALYSIS: Use the most recent 5 years
a. Sales and Income Record:
------------- Fiscal Years -------------
2019 2020 2021 2022 2023
-- Sales 75.36B 78.11B 93.56B 106.01B 109.12B
% change in sales each year ____ 3.66 % 19.78% 13.30% 2.94%
Average change over 4 years _____
Net Income 2.93B 3.27B 4.37B 6.95B 2.78B
% change in net income each year -- 11.57% 33.62% 59.02% -59.98%
--Average change over 4 years _____
Graph the percent changes in sales and net income.
COMMENTS: Comment on the trends you see in your numbers.
b. Stock Price Record:
------------- Fiscal Years -------------
2019 2020 2021 2022 2023-last
---Stock price at FYE ____ ____ ____ ____ ____
---Dividends paid during year ____ ____ ____ ____ ____
---Total Return to Holders ____ ____ ____ ____ ____
--Average change over 4 years _____
---Dow Jones Index at FYE ____ ____ ____ ____ ____
---Total Return on Index ____ ____ ____ ____ ____
--Average change over 4 years _____
---S & P 500 Index at FYE ____ ____ ____ ____ ____
---Total Return on Index ____ ____ ____ ____ ____
--Average change over 4 years _____
COMMENTS: Comment on the trends you see in your numbers.
If a person invested $10,000 in each of the 3 items, how much would the investment grow to
over the same periods of 4 years?
------------- Fiscal Years -------------
2019 2020 2021 2022 2023-last
---Chosen Co. 10,000 $10,360 $10,720 __$11,080 $11,440 $11,800
---Dow Jones 10,000 $10,060 _$10,120 $10,180 $10,240 $10,300
---S & P 500 10,000 $$10,025 $10, 050 $10,075 $10,100 $10,125
Graph the change in value over the 4 years for the 3 different investments.
COMMENTS: Comment on the trends you see in your numbers and graph.
PART 4, CONCLUSIONS AND RECOMMENDATIONS
The total assets of the Target Company have been found by the sum of all assets on the
firm’s balance sheet. The total liabilities from 2019 to 2023 have been found as the value of the
total possible claims against the corporation. In terms of Total liabilities and shareholders'
investment was found to be $53,335 which composed of the common and preferred stock. The
gross margin rate was determined by the Gross margin divided by the sales. The other rates were
determined by dividing the applicable amount of total revenue. Additional revenues included a
total of $185M and $734M of profit sharing income.
References
APPENDIX A:Income statement
APPENDIX B: Balance sheet
