Determine Target’s inventory turnover and days’ sales in inventory for the year ended January 30, 2016. (Round each ratio to one decimal place.) How do Target’s inventory turnover and days’ sales in inventory compare with the Kohl’s Corporation as reported in the Kohl’s Corporation’s 2016 Annual Report for the year ended January 30, 2016? Explain and include your calculations. Do you consider this an optimal analysis for determining whether to invest in Target? Why or why not?
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