Target Corporation Projected Income Statement	2006 Estimate	Step
(in millions)
Sales		1
Cost of goods sold		3
Gross profit		2
Selling, general, and administrative expenses		4
Depreciation and amortization expense		5
Interest expense		6
Income before tax		7
Income tax expense		8
Income (loss) from extraordinary items		9
Net income		10
Outstanding shares
Calculate and show work:
Sales growth
Gross profit margin
Selling, general, and administrative expenses/Sales
Depreciation expense/Gross prior year PP&E
Interest expense/Prior-year lonf-term debt
Income tax expense/Pretax income