Assume Target Corporation reports a net income of $634 million for its fiscal year ended February 2023. At the beginning of that fiscal year, Target had $10,850 million in total assets. By the fiscal year that ended in February 2023, total assets had increased to $12,240 million. What is Target's ROA?

Assume Target Corporation reports a net income of $634 million for its fiscal year ended February 2023. At the beginning of that fiscal year, Target had $10,850 million in total assets. By the fiscal year that ended in February 2023, total assets had increased to $12,240 million. What is Target's ROA?

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

10th Edition

ISBN:9781337902571

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter3: Financial Statements, Cash Flow, And Taxes

Section: Chapter Questions

Problem 19SP

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