Total Assets Total Liabilities Total Equity or Total Shareholders’ Investments Financial Statement Name as stated in...

	Total Assets	Total Liabilities	Total Equity or Total Shareholders’ Investments	Financial Statement Name as stated in the 10-K
Dollar Tree, Inc. Numbers are stated in: Millions
Target Corporation Numbers are stated in: Millions

Compare and Contrast the size of the net assets (same as book value or same as equity) of the two companies.

Expert Solution

	Data as on Feb. 2,2019
	Total Assets	Total Liabilities	Total Equity or Total Shareholders’ Investments	Financial Statement Name as stated in the 10-K
Dollar Tree, Inc. Numbers are stated in: Millions	13,501.2	7,858.3	5,642.9	DOLLAR TREE, INC. , Condensed Consolidated Balance Sheets
Target Corporation	41,290.0	29,993.0	11,297.0	Consolidated Statements of Financial Position
Numbers are stated in: Millions	41,290.0	29,993.0	11,297.0	Consolidated Statements of Financial Position

target corporation has more than double of net asset ( equity ) than that of Dollar tree.
this implies that they has more assets as compared to liability with dollar tree.
but at the same time, the debt ratio of dollar tree (7858/13501= 58%) is less than the debt ratio of target (29993/41290= 73%) , so the outside liability of Target corp. is more than that of Dollar tree

jeff jeffy answered 4 months ago

The Financial Statement that is comprised of Assets, Liabilities and Equity is: The Income Statement The...

The Financial Statement that is comprised of Assets, Liabilities and Equity is: The Income Statement The Cash Flow Statement The Balance Sheet None of the above A partnership would have: Limited liability Limited liability to their investment share Unlimited liability Unlimited liability less their dollar investment When calculating Net Present Value, one should consider: Return on Investment Dividends and Taxes Taxes and Inflation All of the above Initial Public Offerings are an example of: Secondary Markets Hedge Funds Stock Prospectus...

Explain to your classmates what assets, liabilities, and equity are and tell which financial statement includes...

Explain to your classmates what assets, liabilities, and equity are and tell which financial statement includes these items. On a classified balance sheet, you see current assets and current liabilities as well as long-term assets and long-term liabilities. Why is it important to classify items as current and long-term? How would management use this information and how would creditors use this information? please include references.

1. Shareholders’ wealth can be defined as ______ total assets minus total liabilities. The current stock...

1. Shareholders’ wealth can be defined as ______ total assets minus total liabilities. The current stock price times the number of outstanding shares. fixed assets minus long-term debt minus net working capital. the residual value of a corporation after taxes have been paid. 2. The average tax rate is defined as the ______ initial tax rate which applies when a firm first earns taxable income. total tax paid divided by the total taxable income. highest tax rate listed on the...

The bank has total assets of 967,151 and total liabilities of 902,027. The shareholder's equity is...

The bank has total assets of 967,151 and total liabilities of 902,027. The shareholder's equity is 65,124. all the amounts are in millions. the debt to equity ratio will be 13.85. so, what does 13.85 mean? This data is taken from a legit bank from its balance sheet but can debt to equity ratio be 13.85 for good banks?

TOTAL ASSETS $_ = TOTAL LIABILITIES AND OWNER’S EQUITY $ A. Elvis Li opened a business...

TOTAL ASSETS $_____________ = TOTAL LIABILITIES AND OWNER’S EQUITY $____________ A. Elvis Li opened a business bank account for his cleaning supplies company on March 1 with a deposit of $10,000. B. Elvis Li Cleaning Supplies Co. sold $1,900 supplies to its customers on account. Cost of supplies sold was $1,200. C. Elvis Li Cleaning Supplies Co. bought inventory for $10,000 on account suppliers on March 7. D. Elvis Li Cleaning Supplies Co. sold inventory on account to customers on...

Financial Statement reflects the position of assets and liabilities of the organization. Thus, the financial statement...

Financial Statement reflects the position of assets and liabilities of the organization. Thus, the financial statement should reflect a true and fair view of the state of affairs of the Company. On submitting the XBRL document to SEC, we are communicating the state of assets , liabilities of the organization to SEC i.e. we are submitting the financial results and financial position of the company to SEC, thus the same should be correct in all aspects. However, on review of...

Assets total $100,000 and liabilities total $20,000. What is the equity of the business? $800 $8,000 ...

Assets total $100,000 and liabilities total $20,000. What is the equity of the business? $800 $8,000 $80,000 $88,000 None of the above If during the accounting period the assets decreased by $10,000, and equity increased by $2,000, then how did liabilities change? Increased by $12,000 Increased by $8,000 Decreased by $12,000 Decreased by $8,000 Decreased by $6,000 If during the accounting period the assets increased by $14,000, and equity increased by $4,000, then how did liabilities change? Increased by $10,000 ...

If the balance sheet of a firm indicates that total assets exceed current liabilities plus shareholders'...

If the balance sheet of a firm indicates that total assets exceed current liabilities plus shareholders' equity, then the firm must have: a. no retained earnings. b. long-term debt. c. no accumulated depreciation. d. current assets. e. None of the above Corporations are referred to as public companies when their: a. shareholders have no tax liability. b. shares are held by the federal or state government. c. stock is publicly traded. d. products or services are available to the public....

6. Shareholders’ equity equals Assets minus Liabilities. True/False 7. Accumulated depreciation and accrued liabilities are examples...

6. Shareholders’ equity equals Assets minus Liabilities. True/False 7. Accumulated depreciation and accrued liabilities are examples of contra accounts: True/False 8. Current assets include cash and other assets expected to be used within the greater of one year or one operating cycle of the business: True/False 9. Changes in accounting estimates are accounted for retrospectively. True/ False 10. Indicate the natural / normal balance of each account as Debit (DR) or Credit (CR) or Not Applicable (NA) __ Cash __...

Determining how Assets, Liabilities, Shareholders Equity, Revenue, Expense, and Net Income are understated, overstated, or not...

Determining how Assets, Liabilities, Shareholders Equity, Revenue, Expense, and Net Income are understated, overstated, or not affected by a company's action. Example: 1. A company did not record a sale made on account for services that have been provided. 2. The amount of cash a customer paid for a sale previously made on credit was understated. 3. The value of inventory purchased on account was understated. 4. Our company recently purchased inventory. The purchase of the inventory was recorded correctly;...

Question