Review the following Liability section financial statements. Pick 2 interesting items you see in the Current Liability section. Review the notes to the financial statements to determine if these items are mentioned.

Next review another company in the same industry (ie if I picked Petco I could look at Petsmart)

Write a 1 page memo explaining what you found interesting, why it was interesting to you and what you found in the notes. Next explain if both company's report their Current Liabilities the same? Are there any differences? What are they and why do you think they have different liabilities.

The company I've chosen is Target Corporation, which trades under the ticker symbol TGT (as presented in the previous problem, Thought Provokers TP1a). The name and ticker symbol or trading symbol (as presented in Target Corporation's Form 10-K for the fiscal year ended January 29, 2022) are presented on the first page of the Form 10-K. Target Corporation's merchandise inventory or inventory (as presented in the company's Form 10-K) is reported on the Consolidated Statements of Financial Position on Page 40. On the other hand, Target Corporation's cost of goods sold, also known as cost of sales (as presented in the company's Form 10-k) is reported on the Consolidated Statements of Operations on Page 38. Inventory Target Corporation's inventory for the fiscal years ended January 29, 2022, and January 29, 2021 is $13,902 million and $10,653 million, respectively. Target Corporation's inventory is reported in millions and is all available on the company's Form 10-K for the fiscal year ended January 29, 2022, which is accessible on the SEC website. Cost of goods sold Target Corporation's cost of sales for 2021, 2020, and 2019 are $74,963 million, $66,177 million, and $54,864 million, respectively. Target Corporation's cost of sales is reported in millions and is all available on the company's Form 10-K for the fiscal year ending January 29, 2022