Obtain the Target Corporation's annual report for its 2020 fiscal year (year ended January 30,2021) to answer the following questions. You will need to read carefully tye companys Consolidated Statements of Financial Position (Balance Sheets) as well as the Notes to the finacial statements.

1. What percentage of Target's assets was being financed with liabilities (versus shareholders equity)?

2. How much was targets gift card liablity as of January 30, 2021? (in millions)

Their are no pictures or attatchments to this question. Please ontain the information by googling Target Corporation Annual Report for 2020 Fiscal year

Financial Summary 2020 2019 2018 2007 2006 FINANCIAL RESULTS in million Sales 5 77,130 3 92,400 361 $3,561 6677 18515 $ 74433 923 75,356 53.299 15723 7812 54884 15,233 374788 929 72,714 51125 15340 $ 82,454 857 70.27 49.165 2357 4658 477 2.224 40 461 2230 6,539 977 16 5546 178 4368 4390 921 3280 2 3,281 3.678 706 2930 7 2967 2.225 4224 653 1591 3,630 722 2.908 6 2914 2015 4864 991 183 3961 1296 2,666 68 2734 $ 4,368 $ $ $ 5 $ 8.72 $ $ $ $ $ $ 461 6.30 002 642 532 001 5.32 012 001 555 5 $ 872 5 $ 5 03 $ 884 S $ $ $ 458 Other revenue Total revenue Cost of sales Selling general and administrative expenses (SG&A) Depreciation and amortization (exclusive of deprecation included in cost of sales Operating income Not interest expense Net other incomel/expense Earrings from continuing operations before income taxes Provision for income taxes Net earnings from continuing operations Discontinued operations, net of tax Net earnings PER SHARE Basic earnings per share Continuing cerations Discontinued operafons Nat earnings per share Diluted earnings per share Confinuing operations Discontinued operations Net earnings per share Cash dividends declared FINANCIAL POSITION In millions) Total assets Capital expenditures Long-term debt, including current portion Net debt Shareholders investment FINANCIAL RATOS Comparable sales growth Gross margin% of sales SG&A expenses (% of total revenue) Operating noore margin (% of total teveel OTHER Common shares outstanding in miliona) Operating cash flow provided by continuing operations in millons Revenue per square foot Retall square feet in thousands Square footage growth Total number of stores Total number of distribution centers 634 002 838 252 5.50 001 561 254 5.29 001 5.29 246 8.84 $ $ $ $ $ $ $ $ $ 012 469 236 270 $ $ 54248 $ 2649 $ 2680 3 5,036 $ 440 $ $ $ 5 $ 42779 3,027 11490 2689 11,838 $ 41280 $ 3516 $ 11275 $ 10,506 $ 297 $ 40,303 $ 2,533 $ T135e 3 10.257 $ 1165 $ 38,724 $ 156 $ 2,591 5 $0.95 30% 50% 193% 28.4% 199% 28.9% 20.8% 60% 13% 28.8% 20,8% Sex 1057% 282 20.2% 6.9% 209% 55% 70% 5009 5042 5.78 SELY 5662 2000 $ $ $ s 5 $ $ 525 388 241648 05% 1897 44 240,516 04% 1888 5.970 314 232.581 0.1% 1844 60 6,861 298 239,365 100% 1822 41 5 5357 $ 280 239502 - 1802