After looking at Target Corporations Annual Income statement, Identify 3 areas of interest and the rationale for changes in the company's position during 2017-2018 . Notice any increases and decreases between the two years ? Does these make sense ? Does target explain why ? If they don't , what do you think the reasons are ? (Target Income statement can be found at NASDAQ.com )

TGT Company Financials TGT $105.0746* 1.5846 1.53% *Delayed - data as of Aug. 26, 2019 13:01 ET - Find a broker to begin trading TGT now Income Statement Balance Sheet Cash Flow Financial Ratios Annual Income Statement (values in 000's) Get Quarterly Data Period Ending: Trend 2/2/2019 2/3/2018 1/28/2017 1/30/2016 Total Revenue $75,356,000 $72,714,000 $70,271,000 $73,785,000 Cost of Revenue $53,299,000 $51,125,000 $49,145,000 $52,241,000 Gross Profit $22,057,000 $21,589,000 $21,126,000 $21,544,000 Operating Expenses Research and Development $0 $0 $0 $0 Sales, General and Admin. $15,723,000 $15,140,000 $14,217,000 $14,665,000 Non-Recurring Items $0 $0 $0 $0 Other Operating Items $2,224,000 $2,225,000 $2,045,000 $1,969,000 Operating Income $4, 110,000 $4,224,000 $4,864,000 $4,910,000 Add'l income/expense items $27,000 $59,000 $88,000 $620,000 Earnings Before Interest and Tax $4, 137,000 $4,283,000 $4,952,000 $5,530,000 Interest Expense $461,000 $653,000 $991,000 $607,000 Earnings Before Tax $3,676,000 $3,630,000 $3,961,000 $4,923,000 Income Tax $746,000 $722,000 $1,295,000 $1,602,000 Minority Interest $0 $0 $0 $0 Site Uses Cookies This website utilizes cookies and similar technologies for functionality and other purposes. Your use of this website constitutes acceptance of cookies. To learn more about our cookies and the choices we offer, please see the link to our Cookie Policy OK, got it Cookie Policy https:/www.nasdaq.com/symbol/tgt/financials?query=income-statementTGT Company Financials TGT $105.0746* 1.5846 1.53% *Delayed - data as of Aug. 26, 2019 13:01 ET - Find a broker to begin trading TGT now Income Statement Balance Sheet Cash Flow Financial Ratios Annual Income Statement (values in 000's) Get Quarterly Data Period Ending: Trend 2/2/2019 2/3/2018 1/28/2017 1/30/2016 Total Revenue $75,356,000 $72,714,000 $70,271,000 $73,785,000 Cost of Revenue $53,299,000 $51,125,000 $49,145,000 $52,241,000 Gross Profit $22,057,000 $21,589,000 $21,126,000 $21,544,000 Operating Expenses Research and Development $0 $0 $0 $0 Sales, General and Admin. $15,723,000 $15,140,000 $14,217,000 $14,665,000 Non-Recurring Items $0 $0 $0 $0 Other Operating Items $2,224,000 $2,225,000 $2,045,000 $1,969,000 Operating Income $4, 110,000 $4,224,000 $4,864,000 $4,910,000 Add'l income/expense items $27,000 $59,000 $88,000 $620,000 Earnings Before Interest and Tax $4, 137,000 $4,283,000 $4,952,000 $5,530,000 Interest Expense $461,000 $653,000 $991,000 $607,000 Earnings Before Tax $3,676,000 $3,630,000 $3,961,000 $4,923,000 Income Tax $746,000 $722,000 $1,295,000 $1,602,000 Minority Interest $0 $0 $0 $0 Site Uses Cookies This website utilizes cookies and similar technologies for functionality and other purposes. Your use of this website constitutes acceptance of cookies. To learn more about our cookies and the choices we offer, please see the link to our Cookie Policy OK, got it Cookie Policy https:/www.nasdaq.com/symbol/tgt/financials?query=income-statement