Hey! thanks in advance for the help. Accounting is very frustrating and overwhelming if anyone could help I'd really appreciate it. Using this website: http://www.sec.gov/Archives/edgar/data/27419/000002741915000012/tgt-20150131x10k.htm#s024B5F7EFC116E1B4074A5EBB9A67C89 You should acquire the company's 10-K at the EDGAR link at the SEC website (www.sec.gov). You should write a short report answering the following questions about the assigned company. For this project, refer to your book especially Chapters 5 and 13. IF YOU MUST REPORT A RATIO, A PERCENTAGE, OR ANSWER IF THERE HAS BEEN A CHANGE, YOU MUST SHOW CALCULATIONS 4) Income Statement e) Did its net income increase or decrease over the last year? What was the percentage change? f) What method of depreciation does the company use? Where did you find this? What are some reasons that a Company would use one method of depreciation over another? g) What amount is reported as depreciation expense for the current quarter? Where did you find this? How much cash was used to pay for this expense? 5) Balance Sheet a) Did its total assets increase or decrease over the last quarter? What was the percentage change? What was the largest asset? b) Identify the balance sheet accounts that were most significant in explaining the changes in total assets for the corporation? What events might explain the reasons for the changes in these accounts? Where did you get this information? 7) Profitability ratios a) Compute the asset turnover ratio and explain its meaning. Is this strength or a weakness? b) Compute the net profit margin ratio for the latest three years and explain its meaning. Do you see any trend? Is this strength or a weakness? c) Compute the company's gross profit percentage for the latest three years; is there a trend over the three quarters? Is this strength or a weakness? d) Compute the return on equity (ROE) for the last three years. Explain its meaning. Is there a trend indicated? Is this strength or a weakness? e) In comparison to the previous year, has the corporation improved its ability to generate a profit? Justify your answer with the ratios you calculated in b, c and d. Does management offer an explanation for any changes or stability in the profitability of the corporation? f) What is the basic earnings per share for continuing operations as it appears in the income statement for the past two years? Was the change in EPS a result of changes in the numerator or denominator? 8) Liquidity a) Compute the company's current ratio for the last two quarters and explain its meaning. Is the current ratio adequate? b) Compute the company