Financial Statement Project Report: 1. What is Target's sales revenue in 2022? What is the sales revenue increased or decreased from the previous year? Insert a screenshot of the income statement you created. 2. Calculate Target's gross profit percentage for 2022 and compare it with Walmart and Costco's gross profit percentage. Which company has the highest gross profit percentage in 2022 ? What does a gross profit percentage tell you? Note that to calculate Walmart and Costco's gross profit percentage, you need to pull up their annual reports and use the gross profit percentage formula to calculate gross profit percentage. 3. What are Target's net earnings in 2022 ? What is the percentage difference(change) in net earnings in 2022 ? What factors can affect change in net earnings? Search H12 :Xfx Company A B E H 1 1 2 Target [x j. 3 4 2020 5 6 7 8 9 10 B Revenue \begin{tabular}{|l|r|r|} \hline Net other (income) / expense & 16 & -16 \\ \hline Other revenue & 1161 & 233 \\ \hline Sales & 92400 & 12211 \\ \hline Revenue Total & 93577 & 12428 \\ \hline \end{tabular} 11 expense 13 Costs of sales Depreciation and amortization Net interest expense Net other (income) / expense Provision for income taxes Selling, general and administrative exper Expense Total 66177 D 8786 2230 114 977 556 382 1178 783 18615 U 1137 89177= 9882 - Net Earnings \begin{tabular}{|c|c|c|} \hline Net earnings & 4368N & 2578 \\ \hline Net Earnings Total & 4368y & 2578 \\ \hline Grand Total & 187122 & 24888 \\ \hline \end{tabular} Consolidated Statements of Operations