What is Target Corporation's gross and net income?
Answers: Gross and net income are a bit basic for a company as large as target. Their 06 financials (see below) Show major components of income as sales and Credit Card revenue.
Gross income is generally defined as Sales less cost of sales.
Net income is also a bit basic a term- Target's financial summary reports income from continuing operations separately than from discontinued operations and other special charges. From the financials summary on pg. 18, we can calculate gross income as sales + CC revenue minus cost of sales minus CC expenses. Net income from continuing operations is reported as 2.787 Billion.
FYI- most publicly traded companies have a link to their most recent financial reports on their website. Look for 'investor info' or something similar. I found this PDF on target's site.
As reported in Jan of 2007, revenues were $59.490 billion. Net Earnings were $1.119 billion
Give an example of a business transaction that has decrease an assest & decrease owner's equity.?
Answers: Paying a dividend decrease cash and directly decreases equity. Purchase by the company of stock does the same thing.
Why is a group a team?
Answers: When all members of the group are working to achieve the same goal, then they are a team.
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Not all groups are teams. You could have a group of students that have zero in common, aren't trying to achieve any specific group goals, and have no particular reason to be together except for the fact that they are in the same classroom. That's one example, there's probably only about 10,000 more out there.