Access EDGAR online (www.sec.gov) and locate the 10-K report of The Gap, Inc., (ticker GPS) filed on
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1. What are Gap’s main brands?
2. What is Gap’s fiscal year-end?
3. What is Gap’s net sales for the period ended January 30, 2010?
4. What is Gap’s net income for the period ended January 30, 2010?
5. Compute Gap’s profit margin for the year ended January 30, 2010.
6. Do you believe Gap’s decision to use a year-end of late January or early February relates to its natural business year? Explain.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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1 The Gaps main brands stores are The Gap Old Navy and Banana Republic It also ...View the full answer
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Related Book For 
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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