Budgets are an important management tool in a large company like Target. Refer to Target's annual report to answer the following questions: 1. When preparing the master budget, would Target budget approximately the same sales and profit amounts for each quarter? Explain. (Hint: Quarterly results appear on page 35 of the annual report.) 2. Target Corporation distinguishes among three segments: (1) Target, (2) Mervyn's, and (3) Department Stores. Are these segments cost centers, revenue centers, profit centers, or investment centers? Explain. 3. Calculate return on assets for the Target, Mervyn's, and Department Stores segments for 1999, 1998, and 1997. Use pretax segment profit in the numerator of the return on assets. computation and average segment assets in the denominator. Carry your computations to four decimal places. (Hint: Business segment data are presented on page 37). 4. Target changed its name from Dayton Hudson Corporation to Target Corporation in 2000. Explain why the name change makes sense in terms of requirement 3's analysis.