Target Case @ 107-2, @ L075 Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended February 3, 2018, are available in Connect. This material also is available under the Investor Relations link at the company's website Required: 1. What is Target's policy for designating investments as cash equivalents? 2. What is Target's balance of cash equivalents for the fiscal year ended February 3, 2018? 3. What is Target's policy with respect to accounting for merchandise returns? 4. Does Target have accounts receivable? Speculate as to why it has the balance that it has. (Hint: See Disclosure Notes 9, 11, and 13). Target Case @ 107-2, @ L075 Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended February 3, 2018, are available in Connect. This material also is available under the Investor Relations link at the company's website Required: 1. What is Target's policy for designating investments as cash equivalents? 2. What is Target's balance of cash equivalents for the fiscal year ended February 3, 2018? 3. What is Target's policy with respect to accounting for merchandise returns? 4. Does Target have accounts receivable? Speculate as to why it has the balance that it has. (Hint: See Disclosure Notes 9, 11, and 13)