APPENDIX B:

Obtain Target Corporation's annual report for its 2018 scal year (year ended February 2, 2019) at @ http://investors.target.com using the instructions in 'Appendix B, and use it to answer the following questions: a. What was Target's gross margin percentage for the scal year ended February 2, 2019 (2018) and 2017? Use \"Sales\" for these computations. b. What was Target's return on sales percentage for 2018 and 2017? Use \"Total revenues\" for these computations. c. Targets return on sales percentage for 2017 was higher than it was in 2018. Ignoring tam, how much higher would Target's 2018 net income have been if its return on sales percentage in 2018 had been the same as for 2017? This appendix contains a small portion of the Form 10-K for the Target Corporation that was led with the Securities and Exchange Commission on March 8, 2017. This material relates to the company's scal year ended January 28, 2017. Throughout the text, this is referred to as the company's 2016 scal year. The material in this appendix is included for illustrative purposes, and is meant for educational purposes only. For the ATC-l problem in each chapter, you will need the complete version of Target's Form 10-K, which can be found online at http://invest 0rs.target.com. Once on the \"sec lings\" page, in the \"lter by form type\" drop-down window, select \"Annual lings,\" and then click the lO-K form that has a ling date of 03/ 08/ 17. Several versions of this 10-K are available, but the PDF format works best for the purposes of this text. The authors suggest you download and save this le so you do not need to look it up each time you need it