Refer to Target 10-K: https://www.sec.gov/ix?doc=/Archives/edgar/data/27419/000002741923000015/tgt-20230128.htm#if1e8c8dd4b04440880a7ed27a0542767_124

2. What expenses does Target subtract from Total revenue (net sales) in the computation of Operating income? (Select all that apply.) a. Cost of sales b. Selling, General, and administrative expenses c. Net interest expense d. Provision for income taxes e. Depreciation and amortization Page 339 3. Compute Target's receivables turnover ratio for the current year using the "Total revenue" for net sales and the account "Accounts and other receivables. Round your answer to the nearest whole number. 4. What characteristic of its business is the main cause Target's receivables turnover ratio is so high? a. Its net profit margin is very high. b. Most of its sales are for cash or credit cards such as Visa and Mastercard. c. It sells a wide variety of merchandise and food