Respond to the discussion Hello class and professor ! For this assignment I chose to review the financial statements of Target Corporation for year ended February 3, 2023. q1. According to the balance sheet of Target Corporation Cash and cash equivalents increased from $2,229 million to $3,805 million during fiscal year of 2022 and 2023. q2. Target Corporation's net profit for fiscal year 2023 was $4,138 million. Net profit in 2022 amounted to $2,780 million. Comparing the Financial Statements for 2023 and 2022, I came to the conclusion that Target Corp was more profitable in 2023. However, Target Corp's revenue was higher in 2022, but since in 2023 Target reduced its operating expenses (COGS, administrative expenses, etc.) in 2023, this had a positive impact on their net profit. q3. In statement of Cash Flaw for fiscal year of 2023, Cash provided by operating activities was $8,621million. q4e. Target Corporation's financial statements were audited by Ernst