Question
Target Corp. prepares its financial statements according to the U.S. GAAP. Target has both defined contribution and defined benefit pension plan. In Note 28 Pension
Target Corp. prepares its financial statements according to the U.S. GAAP. Target has both defined contribution and defined benefit pension plan. In Note 28 "Pension and Postretirement Health Care Plans", Target describes its defined benefit plans.1. what were the changes in Target's Projected Benefits Obligation in the fiscal years ended January 30,2016 and January 31,2015, for its qualified pension plans? 2. what were the changes in Target's Pension Plan Assets in the fiscal years ended January 30,2016 and January 31,2015, for its qualified pension plans? 3. were these pension plans overfunded or underfunded for the fiscal years ended January 30,2016 and January 31,2015? 4. what were the components of Target's Pension Expense in the fiscal years ended January 30,2016 and January 31,2015 and February 1,2014?
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