Question description

Your friend, Liz, loves
to shop at Target and is now interested in investing in the company.  Tom,
another friend, has told her that Target’s debt structure is risky with
obligations of nearly 74% of total assets.  Liz sees that debt on the
balance sheet is 65% of total assets and is confused by Tom’s comment. 
Write an explanation to Liz discussing the debt structure of Target and why Tom
thinks Target is risky.  Be sure to explain clearly what information
appears on financial statements, as well as what information does not appear
directly on the financial statements. Use the information below in your
discussion and respond to at least two of your fellow students’ postings

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