Answer the following questions for each company using the 10-K document

Dollar Tree, Inc. for fiscal year ending February 1, 2020:

Direct Link:https://www.sec.gov/ix?doc=/Archives/edgar/data/935703/000093570320000006/dltr-2020x02x01x10k.htm

Target Corporation for fiscal year ending February 1, 2020:

Direct Link:https://www.sec.gov/ix?doc=/Archives/edgar/data/27419/000002741920000008/tgt-20200201.htm

1.Operating liabilities arise from ordinary operations and provide a less expensive source of financing.Answer the following questions:

a. Identify the current operating liabilities (only include liabilities that will impact operating expenses) for each company and the applicable common-size percentage for each operating liability listed in the current year using the common-size balance sheet from part 2 of the financial analysis case.Explain why you picked these as the current operating liabilities.Operating liabilities were discussed in Module 4 in Appendix 4A, but relates to module 7 with the continuation of the discussion on liabilities.There has been changes in lease accounting and now companies will recognized a current portion of operating lease liabilities.If a company recognizes this liability in current liabilities list as a current operating liability.

List current operating liabilities and applicable common-size percentage for each account for the most recent year.

DLTR

TGT

Explanation:

b. Identify the largest current operating liability for each company and explain why this current operating liability is so large compared to the other current operating liabilities.

c. What current liabilities did you not include in your analysis of current operating liabilities?Make sure you list out each of the current liabilities that were not included in "a". Explain why you did not include them.

DLTR

TGT

Explanation:

d. Read the notes to the financial statements of each company related to contingencies.Identify what these contingencies are for each company and how the company is reporting or not reporting these contingencies in the financial statements.Provide the page number of where you found this information.

DLTR:

TGT: