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Target Case (Static) [ LO17-3, 17-4, 17-5, 17-6] Target Corporation prepares its financial statements according to U.S. GAAP. Target's financlal statements and disclosure notes for

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Target Case (Static) [ LO17-3, 17-4, 17-5, 17-6] Target Corporation prepares its financial statements according to U.S. GAAP. Target's financlal statements and disclosure notes for the year ended February 1, 2020, are axailable here. This material also is available under the Investor Relations link at the company's website (unwwitarget.com). Ta:get has both defined contribution and defined benefit pension plan. In Note 23 "Pension Plans," Target describes its defined benefit plans. Required: 1. What were the changes in Target's Projected Benefits Obligation in the fiscal years ended February 1, 2020 (fiscal 2019), and February 2, 2019 (fiscal 2018), for its qualitied pension plans? 2. What were the changes in Target's Pension Plan Assets in the fiscal years ended February 1, 2020 (fiscal 2019), and February 2. 2019 (fiscal 2018), for its qualified pension plans? 3. Were these pension plans overfunded or underfunded for the fiscal years ended February 1, 2020 (fiscal 2019 ), and February 2. 2019 (fiscal 2018)? 4. What were the components of Target's Pension Expense in the fiscal years 2019, 2018, and 2017? Target Case (Static) [ LO17-3, 17-4, 17-5, 17-6] Target Corporation prepares its financial statements according to U.S. GAAP. Target's financlal statements and disclosure notes for the year ended February 1, 2020, are axailable here. This material also is available under the Investor Relations link at the company's website (unwwitarget.com). Ta:get has both defined contribution and defined benefit pension plan. In Note 23 "Pension Plans," Target describes its defined benefit plans. Required: 1. What were the changes in Target's Projected Benefits Obligation in the fiscal years ended February 1, 2020 (fiscal 2019), and February 2, 2019 (fiscal 2018), for its qualitied pension plans? 2. What were the changes in Target's Pension Plan Assets in the fiscal years ended February 1, 2020 (fiscal 2019), and February 2. 2019 (fiscal 2018), for its qualified pension plans? 3. Were these pension plans overfunded or underfunded for the fiscal years ended February 1, 2020 (fiscal 2019 ), and February 2. 2019 (fiscal 2018)? 4. What were the components of Target's Pension Expense in the fiscal years 2019, 2018, and 2017

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