Question
Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended January 30, 2016, are available
Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended January 30, 2016, are available in Connect. This material is also available under the Investor Relations link at the company's website (www.target.com). Target's share-based compensation includes several long-term incentive plans.
Required:
1. Over how many years is the compensation associated with Target's share-based awards expensed?
2. Based on the fair value of the awards, what was Target's primary form of share-based compensation for the year ended January 30, 2016?
3. If projecting Target's earnings per share based solely on EPS reported over the most recent three years, would you project increasing or decreasing EPS?
4. How many shares were included in diluted earnings per share but not basic earnings per share due to share-based compensation awards?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started