www.gapinc.com, and use them to answer the following questions. Required: 1. What amounts did Gap Inc. report

Question:

www.gapinc.com, and use them to answer the following questions.


Required:
1. What amounts did Gap Inc. report for the following items for the fiscal year ended February 1, 2020?
a. Total net revenues
b. Total operating expenses
c. Net income (earnings)
d. Total assets
e. Total stockholders’ equity
2. How many shares of common stock had been issued by Gap Inc. as of February 1, 2020?
3. Does Gap Inc. report more than one year of data in its financial statements? Explain why or why not.

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