Help with writing this in a written form memo I understand the question answer but having trouble figuring out how to write this as a memo to someone who doesn't know the questions What was Targets net income for 2015 (the year ended January 30, 2016) $3,363 Million Did Targets net income increase or decrease from 2014 to 2015, and by how much Increased by $4,999 Million What was Targets accounting equation for 2015 Write out the equation with the numbers from the annual report Assets Liabilities Shareholders Equity Assets 40262 40262 27305 12957 Total Liab 27305 Sh Eq 12957 Which of the following had the largest percentage change from 2014 to 2015 net sales cost of sales or selling, general, and administrative expenses Show all computations PAGE 3 2014 2015 Net Sales 72618 73785 1 6 73785 72618 72618 Cost of Sales 51278 51997 1 4 51997 51278 51997 Selling General And administrative Expenses 14676 14665 0 7 14665 14676 14665 Which accounts on Targets balance sheet are accrual type accounts Credit card receivables, accounts payable, accrued and other current liabilities which includes income taxes payable, interest payable, and dividends payable Which accounts on Targets balance sheet are deferral type accounts Inventories, buildings and improvements, fixtures and equipment, computer hardware and software, construction in progress Compare Targets 2015 net earnings (the year ended January 30, 2016) to its 2015 cash provided by operating activities Which is larger Targets 2015 net earnings $3321 Cash provided by operating activities $3363 What was Targets net income for 2015 (the year ended January 30, 2016) $3,363 Millions Did Targets net income increase or decrease from 2014 to 2015, and by how much Increased by $4,999 Millions What was Targets accounting equation for 2015 Write out the equation with the numbers from the annual report Assets Liabilities Shareholders Equity Assets 40262 40262 27305 12957 Total Liab 27305 Sh Eq 12957 Which of the following had the largest percentage change from 2014 to 2015 net sales the cost of sales or selling, general, and administrative expenses Show all computations PAGE 3 2014 2015 Net Sales 72618 73785 1 6 73785 72618 72618 Cost of Sales 51278 51997 1 4 51997 51278 51997 Selling General And administrative Expenses 14676 14665 0 7 14665 14676 14665 Which accounts on Targets balance sheet are accrual type accounts Credit card receivables, accounts payable, accrued and other current liabilities which includes income taxes payable, interest payable, and dividends payable Which accounts on Targets balance sheet are deferral type accounts Inventories, buildings and improvements, fixtures and equipment, computer hardware and software, construction in progress Compare Targets 2015 net earnings (the year ended January 30, 2016) to its 2015 cash provided by operating activities Which is larger Targets 2015 net earnings $3321 Cash provided by operating activities $3363

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Help with writing this in a written form memo I understand the question/answer but having trouble figuring out how to write this as a memo

Help with writing this in a written form "memo" I understand the question/answer but having trouble figuring out how to write this as a memo to someone who doesn't know the questions

What was Targets net income for 2015 (the year ended January 30, 2016)? $3,363 Million

Did Targets net income increase or decrease from 2014 to 2015, and by how much? Increased by $4,999 Million

What was Targets accounting equation for 2015? Write out the equation with the numbers from the annual report. Assets = Liabilities + Shareholders Equity

Assets: 40262 40262= 27305+12957

Total Liab. 27305

Sh Eq. 12957

Which of the following had the largest percentage change from 2014 to 2015: net sales; cost of sales; or selling, general, and administrative expenses? Show all computations. PAGE 3

2014 2015

Net Sales 72618 73785 1.6%= 73785-72618/72618

Cost of Sales 51278 51997 1.4%=51997-51278/51997

Selling General

And administrative

Expenses 14676 14665 -0.7%= 14665-14676/14665

Which accounts on Targets balance sheet are accrual-type accounts? -Credit card receivables, accounts payable, accrued and other current liabilities which includes income taxes payable, interest payable, and dividends payable

Which accounts on Targets balance sheet are deferral-type accounts? -Inventories, buildings and improvements, fixtures and equipment, computer hardware and software, construction in progress

Compare Targets 2015 net earnings (the year ended January 30, 2016) to its 2015 cash provided by operating activities. Which is larger? Targets 2015 net earnings - $3321-Cash provided by operating activities - $3363

What was Targets net income for 2015 (the year ended January 30, 2016)? $3,363 Millions

Did Targets net income increase or decrease from 2014 to 2015, and by how much? Increased by $4,999 Millions

What was Targets accounting equation for 2015? Write out the equation with the numbers from the annual report. Assets = Liabilities + Shareholders Equity