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Target Case (Static) LO19 Target Corporation prepares its financial statements according to U.S. GAAP. Targets financial statements and disclosure notes for the year ended February

Target Case (Static) LO19 Target Corporation prepares its financial statements according to U.S. GAAP. Targets financial statements and disclosure notes for the year ended February 1, 2020, are available here. This material also is available under the Investor Relations link at the companys website (www.target.com). Required: What amounts did Target report for the following items for the year ended February 1, 2020? What was Targets basic earnings per share for the year ended February 1, 2020? Why do you think Target chose February 1 as its fiscal year-end? Regarding Targets audit report: Who is Targets auditor? Did Target receive a clean (unmodified) audit opinion? How many critical audit matters were discussed in Target's audit report

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