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3 years ago

Target's liabilities exceed owners' equity. a) true b) false

Business

1 answer:

Likurg_2 [28]3 years ago

4 0

Answer: True

Explanation:

As of February 2020, Target Corp's total liabilities were listed to be $30,946,000,000 while its shareholder equity was significantly lower at $11,833,000,000.

Target Corp therefore does indeed have liabilities that exceed owners equity and by a substantial amount. This has also been the trend since at least 2015.

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Answer:

-11.8%

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3 years ago

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Answer:

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