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7. FOOTNOTE DISCLOSURES (5 points) Look at Targets latest annual report to answer the following questions. Did the company report any contingency? What is company's

7. FOOTNOTE DISCLOSURES (5 points) Look at Targets latest annual report to answer the following questions.

Did the company report any contingency?

What is company's revenue recognition policy?

Did the company disclose any breakdown of operating and financing lease obligation disclosures?

Describe company's inventory cost flow assumptions. Report LIFO reserve adjustments if there are any.

What is the amount of debt obligations that are maturing within the next 5 years?

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