I need help with this I am totally confused to what I am doing its a financial statement on Target coorporation

-1,636,00

In the report, please answer the following questions:

What is the exact name of your company? The exact name of my company is Target

What is the ticker symbol for your company The ticker symbol of my company is TGT

On what stock exchange(s) does it trade? Common Stock, par value $0.0833 per share

When is the company's fiscal year end? My companies fiscal year Our fiscal year ends on the Saturday nearest January 31

What industry and primary SIC code is your company in?

What types of products does your company sell? We sell a wide assortment of general merchandise and food in our stores

Identify a major competitor of your company. major competitor is Walmart

For how many years does the 10-K present complete Balance Sheet? one year

Income Statements? Often referred to as a Statement of Profit and Loss, or P&L, this financial report shows the revenues and expense generated and incurred by a company over a specified period of time. It shows the net gain or loss from the company's equity position during the stated accounting period.

Statement of Cash Flow? This report presents an analysis of all activities during the accounting period that affected cash, impacted primarily by operations, financing and investments.

Are your company's financial statements audited by an independent public accounting firm? Find and read the "Report of Independent Registered Public Accounting Firm" (or similarly titled report) in the 10-K.

What is the name of your company's audit firm and what type of opinion did it issue? (Unqualified, unqualified with modified wording, qualified, adverse or disclaimer).

Report of Independent Registered Public Accounting Firm on Consolidated Financial Statements

TGT Corporation has a social compliance audit process. Ernst & Young LLP As Independent Registered Public Accounting

Summarize the responsibilities the auditor assumed regarding the financial statements and internal controls based on their report.

Find and read the "Report of Management Responsibilities" or "Certification of Chief Executive Officer/Chief Financial Officer" (or similar titled report) found in the company's 10-K. These reports are required by the Sarbanes-Oxley Act. Who signed it? Summarize the responsibilities the management assumed regarding the financial statements and internal controls based on their report.

Income Statement (You will find the answer of most of the questions from Income Statement):

Read the footnotes to the financial statements. What is your company's revenue recognition policy? Targets retail stores generally record revenue at the point of sale. Digital channel sales include shipping revenue and are recorded upon delivery to the guest. Total revenues do not include sales tax because Target is a pass-through conduit for collecting and remitting sales taxes. Generally, guests may return national brand merchandise within 90 days of purchase and owned and exclusive brands within one year of purchase.

What subtotals does your company report on its income statement? Revenue, Operating Expense, Net income

What amount of revenue was earned for the most recent year? Total revenue 71,879,000

What is the amount of the largest expense on the income statement for the most recent year? $67,476,000. Please briefly describe the transaction represented by the expense.

What is the amount of net income for the most recent year? $2,934,000

What is your company's earnings per share (basic only) for the three years reported? $5.35

Balance Sheet ( You will find the answer of most of the questions from Balance Sheet):

Using the 10-K, show that the fundamental accounting equation, Assets = Liabilities + Stockholders' Equity, is true for your company at the end of the most recent year-end.

A $38,290,000 = L $27,290.000 + S.E. $11,000,000

What was your company's largest asset (net) at the end of the most recent year?

List the types of assets and liabilities your company has.

Assets: property and equipment, goodwill, intangible assets. Liabilities: Accounts payable, short and long-term, other current liabilities

Describe in general terms what prepaid expenses are. Prepaid expenses are future expenses that have been paid in advance.

Did your company report any prepaid expenses and other current assets account at the end of the most recent year? No. Where did you find this information? In the financial statement

Read the notes to financial statements. What method does your company use to determine the cost of its inventory?

Read the notes to financial statements. What method of deprecation does your company use?

What was the original cost of the property, plant and equipment held by your company at the end of the most recent year?

What was the accumulated depreciation and amortization at the end of the most recent reporting year? (If the assigned company does not report the original cost of PP&E, use the net value of the property, plan, and equipment).

What is the amount of long-term liabilities at the end of the most recent reporting year?

List the accounts and amounts of your company's stockholders' equity.

The final paper may not exceed three pages in length (double spaced), plus any exhibits.

Show Income Statement Balance Sheet Cash Flow Income Statement Al runbers in thounds Revenue Total Revenue Annual | Quarterly 2/3/2018 71 879,000 51,125 000 20,754,000 1/28/2017 69 495 000 49,145,000 20,350,000 1/30/2016 73,785,000 52 241,000 21,544,000 1131/2015 72518,000 51 278,000 21,340,000 Cost of Revenue Gross Profit Operating Expenses Research Development Seling General and Administrative Non Recurring Others Total Operating Expenses Operating Income or Loss Income from Continuing Operations Total Other Income/Expenses Net Eanings Before Interest and Taxes Interest Expense Income Before Tax Income Tax Expense Minority Interest Net Income From Continuing Ops Non-recurring Events Discontinged Operations 14,157 000 13,313,000 14, 473 000 14 552 000 67 476,000 64,483 ,000 68,683 000 67 959 000 4,403,000 5,012,000 5,102,000 4,659,000 757 000 4,403,000 543 000 3,646,000 718,000 1047 000 5,012000 582 000 3 365,000 1 296,000 179,000 1006,000 4 659,000 597 000 3,653, 000 204 000 E 5,102. 4 923,000 1,602 000 2,928,000 2,669,000 3,321,000 2,449,000 6,000 68,000 42,000 4,085,000 Show Income Statement Balance Sheet Cash Flow Income Statement Al runbers in thounds Revenue Total Revenue Annual | Quarterly 2/3/2018 71 879,000 51,125 000 20,754,000 1/28/2017 69 495 000 49,145,000 20,350,000 1/30/2016 73,785,000 52 241,000 21,544,000 1131/2015 72518,000 51 278,000 21,340,000 Cost of Revenue Gross Profit Operating Expenses Research Development Seling General and Administrative Non Recurring Others Total Operating Expenses Operating Income or Loss Income from Continuing Operations Total Other Income/Expenses Net Eanings Before Interest and Taxes Interest Expense Income Before Tax Income Tax Expense Minority Interest Net Income From Continuing Ops Non-recurring Events Discontinged Operations 14,157 000 13,313,000 14, 473 000 14 552 000 67 476,000 64,483 ,000 68,683 000 67 959 000 4,403,000 5,012,000 5,102,000 4,659,000 757 000 4,403,000 543 000 3,646,000 718,000 1047 000 5,012000 582 000 3 365,000 1 296,000 179,000 1006,000 4 659,000 597 000 3,653, 000 204 000 E 5,102. 4 923,000 1,602 000 2,928,000 2,669,000 3,321,000 2,449,000 6,000 68,000 42,000 4,085,000