Target was mentioned in the chapter as a company that has a high degree of sea- sonality (and associated working capital issues). Let's use the Internet to exam- ine the seasonality. Go to www.target.com. Scroll to the bottom of the page, and under the "About Target" heading, click on "Investor Relations." At the top of the page, hold your mouse over "Investors" and select Analyst Coverage" from the drop-down menu. Scroll down to "Analyst Forecasts" and Actuals." You 1. will see historical and projected data for both quarterly and annual periods. Based on the observed data, which of the four quarters (Qs) is normally best for Target? Why? Which quarter is normally the worst? This may be a close call. Taking the most recent year in which four quarters of data are shown, what percentage of total fiscal year earnings does the best quarter represent? 2. 3. 4. Note: Occasionally a topic we have listed may have been deleted, updated, or moved into a different location on a website. If you click on the site map or site index, you will be introduced to a table of contents that should aid you in finding the topic you are looking for. Target was mentioned in the chapter as a company that has a high degree of sea- sonality (and associated working capital issues). Let's use the Internet to exam- ine the seasonality. Go to www.target.com. Scroll to the bottom of the page, and under the "About Target" heading, click on "Investor Relations." At the top of the page, hold your mouse over "Investors" and select Analyst Coverage" from the drop-down menu. Scroll down to "Analyst Forecasts" and Actuals." You 1. will see historical and projected data for both quarterly and annual periods. Based on the observed data, which of the four quarters (Qs) is normally best for Target? Why? Which quarter is normally the worst? This may be a close call. Taking the most recent year in which four quarters of data are shown, what percentage of total fiscal year earnings does the best quarter represent? 2. 3. 4. Note: Occasionally a topic we have listed may have been deleted, updated, or moved into a different location on a website. If you click on the site map or site index, you will be introduced to a table of contents that should aid you in finding the topic you are looking for