Analysis and Interpretation of Profitability Balance sheets and income statements for Target Corporation followw Income Statement For Fiscal Years Ended (S millions) 2007 2006 2005 Sales Credit card revenues Total revenues Cost of sales Selling, geeral and administrative expenses 12,819 11,185 9,797 Credit card expenses Depreciation and amortization Earnings before interest and income taxes Net interest expense Earnings before income taxes Provisions for income taxes Net earnings $57,878 $51,271 $45,682 1,612 1,349 ,57 59,49052,620 46,839 39,399 34,927 31,445 707 776 737 1,496 1,409 1,259 5,069 4,323 3,60 572 463 570 ,497 3,860 3,031 1,710 1,452 1,146 $2,787 $2,408$1,885