fask n expertTar fget Corporation prepares its financial statements according to U$.$S$.$ GAAP. Target's financial statements and disclosure notes for the

year ended February $1,2020,$ are available here. This material is also available under the Investor Relations link at the company's

website $($

www$.$target.com$).$ Target leases most of its facilities.

Required:

Refer to disclosure note $17$ following Target's financial statements. Find the schedule showing the lease payments over the next

five years and beyond. What are the total lease payments for operating leases and finance leases? What are the present values

of those lease payments for each type of lease? What accounts for the difference between the two amounts?

What are the weighted average discount rates used to calculate the present value of each type of lease?

Does Target report its lease liabilities for the total amount of the lease payments or the present value of those lease payments?

Complete this question by entering your answers in the tabs below.

Refer to disclosure note $17$ following Target's financial statements. Find the schedule showing the lease payments over the

next five years and beyond. What are the total lease payments for operating leases and finance leases? What are the present

values of those lease payments for each type of lease? What accounts for the difference between the two amounts?

Note: Enter your answers in millions $($i$.$e$.,10,00,000$ should be entered as $10).$Then what $is$ the Weighted average discount rate used $to$ calculate the present value $of$ each type $of$ lease? Operating lease Percentage? Finance Leases percentage?