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Real World Financials Target Corporation prepares its financial statements according to U.S. GAAP Target's financial statements and di notes for the year ended January 30,

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Real World Financials Target Corporation prepares its financial statements according to U.S. GAAP Target's financial statements and di notes for the year ended January 30, 2016, are available in Connect. This material is also available under the Investor Relations link at the company's website (www.target.com. Required: In its Analysis of "Financi year ended January 30, 2016, the company indicates that: Page 896 al Condition: New Accounting Pronouncements." Target's financial statements for the In February 2016, the FASB issued ASU No. 2016-02, Leases, to require organizations thatl the rights and obligations created by those leases on the balance sh adontion nerntitted We are currently evaluating the effect the new standard will have on our financial statements. lease assets to recognize standard is effective in 2019, with early eet. The new

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