Target Corporation prepares its financial statements according to U.S. GAAP. Target's 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 company's website (wwwtarget.com). Required: 1. What amounts did Target report for the following items for the year ended February 1, 2020? 2. What was Target's basic earnings per share for the year ended February 1, 2020? 3. Why do you think Target chose February 1 as its fiscal year-end? 4. Regarding Target's audit report: a. Who is Target's auditor? b. Did Target receive a "clean" (unmodified) audit opinion? c. How many critical audit matters were discussed in Target's audit report? Complete this question by entering your answers in the tabs below. What amounts did Target report for the following items for the year ended February 1, 2020? Note: Enter your answers in millions. Complete this question by entering your answers in the tabs below. What was Target's basic earnings per share for the year ended February 1, 2020? Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Why do you think Target chose February 1 as its fiscal year-end? Complete this question by entering your answers in the tabs below. Regarding Target's audit report: a. Who is Target's auditor? b. Did Target receive a "clean" (unmodified) audit opinion? c. How many critical audit matters were discussed in Target's audit report? Target Corporation prepares its financial statements according to U.S. GAAP. Target's 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 company's website (wwwtarget.com). Required: 1. What amounts did Target report for the following items for the year ended February 1, 2020? 2. What was Target's basic earnings per share for the year ended February 1, 2020? 3. Why do you think Target chose February 1 as its fiscal year-end? 4. Regarding Target's audit report: a. Who is Target's auditor? b. Did Target receive a "clean" (unmodified) audit opinion? c. How many critical audit matters were discussed in Target's audit report? Complete this question by entering your answers in the tabs below. What amounts did Target report for the following items for the year ended February 1, 2020? Note: Enter your answers in millions. Complete this question by entering your answers in the tabs below. What was Target's basic earnings per share for the year ended February 1, 2020? Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Why do you think Target chose February 1 as its fiscal year-end? Complete this question by entering your answers in the tabs below. Regarding Target's audit report: a. Who is Target's auditor? b. Did Target receive a "clean" (unmodified) audit opinion? c. How many critical audit matters were discussed in Target's audit report
