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[The following information applies to the questions displayed below.] Target Corporation prepares its financial statements according to U.S. GAAP. Targets financial statements and disclosure notes for the year ended February 3, 2018, are available here. This material also is available under the Investor Relations link at the companys website (www.target.com).

Required: 2. What is Targets balance of cash equivalents for the fiscal year ended February 3, 2018? (Enter your answer in millions.)

4. Does Target have accounts receivable?

multiple choice

• Yes

• No

Required information

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[The following information applies to the questions displayed below.] Target Corporation prepares its financial statements according to U.S. GAAP. Targets financial statements and disclosure notes for the year ended February 3, 2018, are available here. This material also is available under the Investor Relations link at the companys website (www.target.com).

Required: 1. What is Targets policy for designating investments as cash equivalents? 3. What is Targets policy with respect to accounting for merchandise returns?