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

1 Answer

2 votes

Answer: True

Step-by-step 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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