E businesscourse # Return to course Following is the income statement for Target Corporation. Prepare Ta Fiscal year ended ($ millions) January 28, 2012 Sales $68,466 Net credit card revenues 1,399 Total revenues 69,865 Cost of sales 47,860 Selling general and administrative expenses 74,106 Credit card expenses 446 Depreciation and amortization 2,131 Earnings before interest expense and income taxes 5,322 Net interest expense 866 Earnings before income taxes 4,456 Provision for income taxes 1,527 Net earnings $2,929 Note: Round your answers to one decimal place (ex: 0.0715 = 7.296). TARGET CORPORATION Common-Size Income Statement Year Ended January 28, 2012 Sales 100 % Net credit card revenues 96 Total revenues 96 Cost of sales % Selling general and administrative expenses 96 Credit card expenses 96 Depreciation and amortization 96 Earnings before interest expense and income taxes 96 Net interest expense 96 Earnings before income taxes 96 Provision for income taxes 96 Net earnings 96