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a . What percentage of Target's total assets did inventory represent at the end of FY 2 0 2 2 and 2 0 2 1

a.What percentage of Target's total assets did inventory represent at the end of FY 2022 and 2021(Hint: use the Statement of Financial Position)?
b. Comment on the change in the $ amount and the % of total assets inventory represents
between the years. Is this a positive or a negative and why? Comment on the impact of
COVID related supply chain issues on the inventory levels.
c. What cost flow method did Target use to account for its inventory (Hint: use the
footnotes beginning on page 42(43 on the pdf file) of the 10-K)?
d. Target had arrangements with some of its vendors such that it does not purchase or
pay for merchandise inventory until the merchandise is sold to outside customers. Was
the cost of these goods ever included in the Inventory account? (Hint: use the
footnotes beginning on page 42(43 of the pdf file) of the 10-K You will find this
discussed in Revenues Note 3)

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