Item 2 - "Properties" includes information about the company's significant properties, such as principal plants, mines and other materially important physical properties. This section starts on page 16 for Costco and page 11 for Target.

Item 5 - "Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities" requires information about the company's equity securities, including market information, the number of holders of the shares, dividends, stock repurchases by the company, and similar information. This section starts on page 17 for Costco and page 14 for Target.

Item 6 - "Selected Financial Data" provides certain financial information about the company for the last five years. You can find much more detailed financial information on the past three years in a separate section - Item 8, "Financial Statements and Supplementary Data." This section starts on page 19 for Costco and page 16 for Target.

Item 7 - "Management's Discussion and Analysis of Financial Condition and Results of Operations" gives the company's perspective on the business results of the past financial year. This section, known as the MD&A for short, allows company management to tell its story in its own words. The MD&A section presents the company's operations and financial results, including information about the company's liquidity and capital resources and any known trends or uncertainties that could materially affect the company's results. This section may also discuss management's views of key business risks and what it is doing to address them. This section starts on page 20 for Costco and page 17 for Target.

Problem:

Please paper analyzing three sections of information appearing in the annual report that relate to this class. It is your choice as to which three sections of information to discuss in this report, but I encourage you to use different sections throughout the 10K report rather than using three similar sections. For example, one section you might choose is in Item 1A (Risk Factors). You could bout two or three risk factors presented by the company, and this would be considered one section of information for your report. You should use sections of the 10K report that provide enough information to solid paragraph or two. If you only few sentences to describe and analyze one section of the 10K report, it won't be enough, and you should consider writing about a different section. Please start the paragraph with a sentence describing the item and referring to the page within the Form 10K report where the item appears (for example: "My first item relates to the consolidated statement of earnings appearing on page 31.")

(1) Use one sentence to summarize the section and include a page reference; then go on to describe the section and what it means for the company.

(2) Use one sentence to summarize the section and include a page reference; then go on to describe the section and what it means for the company.

(3) Use one sentence to summarize the section and include a page reference; then go on to describe the section and what it means for the company.

I am giving you information of Item 2, Item 5, Item 6, and Item 7 You can choose any 3 from these 4.