Details: Refer to Target Corporation's financial statements (http://investors.target.com/phoenix.zhtml?p=irol-irhome&ref=nav%5Ffooter%5Finvestors&c=65828) .
Target Corporation is currently seeking additional capital to expand its operations. Two companies have shown interest in providing additional capital.
Company #1 is interested in investing in the organization and, therefore, would like to have part ownership through the sale of new stock.
Company #2 is interested in providing a loan to the Target Corporation.
Both organizations need to know more about the financial stability of Target.
As an employee of Target, your supervisor needs you to write a memo in which you explain what information from the Target Corporation's financial statements will be highlighted when representatives of Target meet with each of these companies. In your memo, be sure to explain which information will be highlighted to Company #1 and which information will be highlighted to Company #2 and why. Explain any differences in the information that you have chosen to highlight.
Objective: Identify the various user groups which need accounting information and the characteristics of the information that they need.
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The response addresses the queries posted in 1157 words with references.
//Before writing about the financial stability or other financial information of the Target Corporation, we have to first understand its business and objectives. So firstly, we will write about the Target Corporation under the heading of Introduction, for example: //
To: The Supervisor
Subject: Target Corporation
This memo will help you to interpret the financial stability of the Target Corporation and other financial information, which will be used by the company to interpret the financial position and decide whether to provide additional funds or not.
Target Corporation (Target) controls food stores and general merchandise in the United States. The Company provides both essentials products and fashionable products to its customers. The Company also works a fully incorporated online business, Target.com. It operates Target general merchandise stores with a range of general merchandise and a limited assortment of food items as well as Super Target stores with a line of food and general merchandise items (Target Corporation, 2008).
//Above we discussed about Target Corporation, which controls the food stores & general merchandise and render essential and fashionable products in order to fulfill the consumers demand. Now we will discuss about the financial information about the company in order to assist the company#1 and company#2. Here, we provide profitability information to the Company#1 by using various profitability ratios because it provides additional capital through the sale of new stock, thus this information is more beneficial.\
The memo represents information from the Target Corporation's financial statements to be highlighted for the Company 1 and Company 2. These are as follows:
Company #1 is providing additional capital to the Target Corporation through the sale of new stock; therefore, the company will be more ...
The response addresses the queries posted in 909 Words, APA References