Financial statements of Target are available at: http://www.annualreports.com/Company/target-corp

I. Conceptual Framework: For this part of the assessment, you will prepare a financial analysis paper addressing various topics about Target Corporation, supporting your answers and claims with quantitative data where applicable. You will need to research Target Corporation and obtain its latest audited financial statements (information that is available to the public online) in order to answer the following:

A. Explain how the conceptual framework and accounting standards apply to Target Corporation.

B. Analyze the information within the disclosure statements for information that would interest the creditors of Target Corporation.

i. What information would be important for someone in this role?

ii. Why would this information be important to them?

C. Analyze the information within the disclosure statements for information that would interest the investors of Target Corporation.

i. What information would be important for someone in this role?

ii. Why would this information be important to them?

When answering the questions, consider the following:

When discussing the framework consider the objectives of financial reporting and qualitative characteristics of useful financial information.

Disclosures are located in the notes to the financial statements. Consider liquidity, solvency, and profitability when deciding on what information creditors and investors would focus on in making their financial decisions.