Hello, can you somebody help me with this case study?

Use Morningstar Online, Mergent, or other Davenport library databases to research your answers. Also, research/download each company's 2019 annual reports for the period noted in Question 1.

See Rubric for breakdown of points. If using Excel, must show formulas in cells to support your answers.

Review the financial statements, notes and disclosures for Target (Target Corp) and Costco (Costco Wholesale Corp) for year ended 2019 (Target: 2/1/20 and Costco: 9/1/19) and complete the following:

1. Prove out BOTH companies' Earnings-per-Share figures.

TARGET:

COSTCO:

1. Identify whether the companies are using a one- statement or two-statement approach as it pertains to comprehensive income.

TARGET:

COSTCO:

1. Identify one item in the operating section of each company's Statement of Cash Flows that you are unfamiliar with.Explain what it is and why you think it is a positive or negative adjustment to net income.

TARGET:

COSTCO:

1. From the Notes to the financial statements, identify an area, or areas, where each company uses the fair value method of accounting.

TARGET:

COSTCO:

1. Calculate the following ratios for each company. Must show account titles in formula and complete calculation to receive credit, however, partial credit may be given if part of answer is incorrect:

1. Current ratio

TARGET:

COSTCO:

1. Acid-test ratio

TARGET:

COSTCO:

1. Profit margin

TARGET:

COSTCO:

1. Accounts Receivable Turnover

TARGET:

COSTCO:

1. Inventory Turnover

TARGET:

COSTCO:

1. Total Debt to Equity

TARGET:

COSTCO:

6. Prepare a 2-3 page paper (APA format) discussing the following:

A. Review the report from the independent auditors. For each company: 1) Who were the auditors for each company? 2) What types of opinions were issued? 3) What do these opinions mean? 4) Were there any critical matters discussed? If so, how was it addressed by the auditors?

B. Before you conducted your research, which company were you more inclined to invest in and why? Did your answer change as a result of your research? Please support your answer with data from your research.

C. Review the Letter to the Shareholders and the Management Discussion and Analysis (MD&A) sections of the financial report for both companies. Discuss some of the major topics related to each company. What is something you learned from each company that you did not have knowledge of before? What are some of the major constraints or successes? Provide examples. Note: MD&A is generally more than one page in length and is generally located immediately preceding the financials. Please read each section in its entirety.