1- Review the stockholders' equity section of the balance sheet. Did Target have any preferred stock at February 1, 2020?

2- Now examine the notes at the bottom of the balance sheet. Is Target authorized to issue preferred stock? If so, how much?

3- How much of Target Corporation's common stock was outstanding at February 1, 2020? How can you tell?

4-Examine Target Corporation's consolidated statements of cash flows. Did Target pay any cash dividends during the year ending February 1, 2020? If so, how much?

5-Using the formula found in your textbook, show how Target Corporation computed basic earnings per share of $6.42 for fiscal year 2019. (Ignore diluted earnings per share).