Question
Target Case (Static) [LO19-1, 19-2, 19-8] Target Corporation prepares its financial statements according to U.S. GAAP. Targets financial statements and disclosure notes for the year
Target Case (Static) [LO19-1, 19-2, 19-8]
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 is also available under the Investor Relations link at the companys website (www.target.com). Targets share-based compensation includes several long-term incentive plans.
Required:
- What are the three types of awards described in Note 21: Share-Based Compensation?
- Based on the fair value of the awards granted, what was Targets primary form of share-based compensation for the year ended February 1, 2020?
- Projections of future performance should be based primarily on continuing operations. What was diluted EPS for continuing operations in each of the most recent three years?
- How many shares were included in diluted earnings per share but not basic earnings per share due to share-based compensation awards?
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ACC 120 Wake Tech Financial Accounting W Connect Plus Access
Authors: J. David Spiceland
1st Edition
1308168926, 978-1308168920
